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Microsoft misses 12 million Xbox 360 shipment target
>> From gamesindustry.biz:
[QUOTE]
Peter Moore has confirmed to GamesIndustry.biz that Microsoft failed to meet its 12 million shipment target for Xbox 360, but said the company is optimistic about the coming holiday season.
In a conference call, Microsoft CFO Chris Liddell said 11.6 million Xbox 360 consoles were shipped by the deadline of June 30. Before downgrading its estimate to 12 million, Microsoft initially announced 13-15 million units would be shipped.
Liddell acknowledged that the figure is slightly shy of projections, but said Microsoft is still "happy with that number". He also stated that Microsoft expects its Xbox and entertainment and devices division to turn a profit for the 2008 fiscal year.
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Full Story: gamesindustry.biz
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