Microsoft Says Xbox 360 Sales Started Slow

January 27th 2006 | Games Consoles

Microsoft Corp. has lowered its 90-day Xbox 360 sales forecast due to production-related shortages but is holding fast to its target to sell between 4.5 million and 5.5 million video game consoles by the end of June, the company said on Thursday.

The world’s biggest software maker, which said it sold 1.5 million units of its next-generation video game console in its December quarter, now expects to sell 2.5 million Xbox 360s by late February.

Its initial forecast had called for sales of 2.75 million to 3 million units in that 90-day time frame, Microsoft Chief Financial Offer Chris Liddell said in a conference call with analysts.

Reuters

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Microsoft Says Xbox 360 Sales Started Slow
Published in: Games Consoles on 2006-01-27