Microsoft to ship over 10 million Xbox 360 units
LOS ANGELES (Reuters) - Microsoft Corp. (Nasdaq:MSFT - news) on Wednesday said it expects to have shipped more than 10 million. Xbox 360 video game consoles to retailers by the end of calendar 2006. "This holiday, we expect to have sold in excess of 10 million units worldwide," a Microsoft spokeswoman said.
That "sold" number refers to units "sold into retail," which refers to units in transit, units sitting in store inventories and machines sold to consumers.
The Xbox 360 debuted in November 2005, roughly a year ahead of machines from rivals Sony Corp. (6758.T)(NYSE:SNE - news) and Nintendo Co. Ltd. (7974.OS), whose PlayStation 3 and Wii consoles went on sale in the United States last month.
Microsoft has previously forecast global shipments of 10 million by the end of 2006, as well as shipments of 13 million by 15 million by the end of its 2007 fiscal year that ends June 30. The company's latest Xbox 360 shipment count stands at around 6 million units.
Microsoft Chief Financial Officer Chris Liddell spoke at a Nasdaq investor conference in London on Tuesday and his accompanying power point presentation included a slide showing the Xbox 360 outpacing the original Xbox, which launched in November 2001.
That presentation, at http://www.microsoft.com/msft/events/default.mspx, showed Microsoft had shipped more than 5.7 million Xbox 360 units in the three quarters following the launch period, compared with 4.7 million Xbox units in the same post-debut time frame.
The world's biggest software maker offered no further updates.
Microsoft shares were off 21 cents to $28.92 in late Nasdaq trade.
Lisa Baertlein
reuters
The Xbox 360 debuted in November 2005, roughly a year ahead of machines from rivals Sony Corp. (6758.T)(NYSE:SNE - news) and Nintendo Co. Ltd. (7974.OS), whose PlayStation 3 and Wii consoles went on sale in the United States last month.
Microsoft has previously forecast global shipments of 10 million by the end of 2006, as well as shipments of 13 million by 15 million by the end of its 2007 fiscal year that ends June 30. The company's latest Xbox 360 shipment count stands at around 6 million units.
Microsoft Chief Financial Officer Chris Liddell spoke at a Nasdaq investor conference in London on Tuesday and his accompanying power point presentation included a slide showing the Xbox 360 outpacing the original Xbox, which launched in November 2001.
That presentation, at http://www.microsoft.com/msft/events/default.mspx, showed Microsoft had shipped more than 5.7 million Xbox 360 units in the three quarters following the launch period, compared with 4.7 million Xbox units in the same post-debut time frame.
The world's biggest software maker offered no further updates.
Microsoft shares were off 21 cents to $28.92 in late Nasdaq trade.
Lisa Baertlein
reuters
Labels: xbox 360
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