Top
380°

Microsoft's Steady Growth (with Xbox 360 price cut prediction)

Despite costly Xbox repairs, the software titan turned in a solid fiscal fourth-quarter performance, and raised revenue guidance for 2008...

Of particular interest to gamers:

Baked into the new guidance is Microsoft's expectation that sales in its Entertainment & Devices Div., which includes the Xbox unit, will climb 10% to 19% in fiscal 2008. The wide range is notable because it gives the unit's management the flexibility to cut console prices during the year, something most analysts expect, particularly after Sony (SNE) reduced prices on the most recent iteration of the PlayStation console. "My operating assumption is that you get a price cut before Christmas," Di Bona says. He says the reduction wouldn't come until after the Sept. 25 release of Halo 3, the follow-up to two of the hottest-selling titles in video game console history.

Charles Di Bona II is a senior research analyst at Sanford C. Bernstein.

Read Full Story >>
businessweek.com
The story is too old to be commented.
power of Green 3476d ago

Lets hope he's right a price cut and Halo & friends will help MS compete against the Wii(although the Wii is in a market between hand-held and consoles meaning is it really going to appeal to the type of people that built the gaming industry in the long run with all these powerful tools traditional consoles have now).

power of Green 3476d ago (Edited 3476d ago )

Shop NBC has Sharp AQUOS 1080p 46" LCD's for sale for 21 hundred or $350 a month, hope you have good credit...

Four Million Pixels.

XENOCIDE3476d ago

They'd do a price cut prior to the release of Halo 3, I'd go out n' snatch one up tomorrow. But that'll never happen. 360's will move considerably when H3 launches n' then they'll do the impossible n' fly if they drop the price somewhere between Sept. 25 n' November.

Anything but Cute3476d ago

Pretend you didn't just loose 2 billion because of XBOX 360. The only thing you will be seeing is PS3 steady growth. Now go f*ck yourself.

XENOCIDE3476d ago (Edited 3476d ago )

Not really any way to turn your head to a 2 billion dollar quarterly loss. No one's attempting to, but in face of that things still look decent for M$.

Skynetone3476d ago

MS are to greedy to drop the price for halo, as soon as they clean out the suckers they will lower the price

Show all comments (29)
The story is too old to be commented.