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MS: Xbox 360 Sales Stay Strong in '08 Despite Economic Slowdown
>> From money.cnn.com: [QUOTE] Microsoft Corp. expects sales of its Xbox 360 game console to continue to grow this year - even if there is a global economic slowdown.
Demand for high-definition TV sets is likely to continue as consumers tend to focus on home improvement and home entertainment during economic downturns, said Alan Bowman, general manager of Microsoft's entertainment and devices division for Asia Pacific and Greater China.
He added that the 360's focus on high-definition games puts it in a good position to weather the economic problems. "If people are going to buy HD TVs, they're going to want to put content through that," he said.
Bowman declined to provide figures on how much Microsoft expects the console business to grow by and did not say how many consoles the company expects to sell by the end of 2008. [/QUOTE]
Full Story: money.cnn.com
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