Briefs: Microsoft lowers Xbox unit sales forecast

January 27, 2006

Microsoft expects sales of its Xbox video-game console to be lower than expected, the company's chief financial officer said.

In a conference call with analysts Thursday Chris Liddell said Microsoft has lowered its sales forecast of Xboxes in the first 90 days since its launch to 2.75 million units from the 3 million it had initially anticipated.

The company kept its sales forecast in dollar terms, however, expecting $1.5 billion from sales of the consoles as well as games and accessories related to the product.

Rate this story - 4 /5 (2 votes)

rank
1
2
3
4
5

view popular

Other News

China is the world's largest emitter of the greenhouse gases blamed for global warming

China harnesses mountain wind power

Technology / Energy

21 hours ago | 4.1 / 5 (7) | 1

In the mountains above the southwestern Chinese town of Dali, dozens of new wind turbines dot the landscape -- a symbol of the country's sky-high ambitions for clean, green energy.

Newspaper circulation may be worse than it looks

Technology / Internet

11 hours ago | not rated yet | 0

(AP) -- While U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling more copies.

Canadian woman loses benefits over Facebook photo

Technology / Internet

12 hours ago | 5 / 5 (1) | 0

(AP) -- A Canadian woman on long-term sick leave for depression says she lost her benefits because her insurance agent found photos of her on Facebook in which she appeared to be having fun.

Analysts say AmEx is most interested in the so-called peer-to-peer services of Revolution

American Express takes aim at PayPal with Revolution

Technology / Internet

18 hours ago | 4.5 / 5 (2) | 1

With its deal to buy Revolution Money, American Express is taking aim at the growing market for online and alternative payments, in a challenge to recognized leader PayPal, analysts say.

Hackers leak e-mails, stoke climate debate

Technology / Internet

Nov 21, 2009 | 4.3 / 5 (34) | 27

(AP) -- Computer hackers have broken into a server at a well-respected climate change research center in Britain and posted hundreds of private e-mails and documents online - stoking debate over whether some scientists have ...