"In little over a year on the market we sold over 10.4 million Xbox 360 consoles in more than 37 countries, exceeding our commitment to pass the 10 million mark by the end of 2006," reads the announcement in part. "And in a market environment that saw strong launches by our competitors, Xbox 360 was the top choice this holiday season." (emphasis ours)
Microsoft also announced updated sales figures for its marquee action title Gears of War, which has now sold a whopping 2.7 million copies in just eight weeks of release.
The announcement contained other good news for Microsoft. There are now 160 Xbox 360 games on the market, an achievement that took the company just over a year. There's plenty of good news on the Xbox Live front, too, with Xbox Live Arcade selling over 20 million games to date, including gems such as Street Fighter II and DOOM. Microsoft also estimates that 70 percent of Xbox Live subscribers are downloading content from the service, such as movies, TV shows, and downloadable game content, another important milestone in the video game industry.