Tuesday, October 13, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Faces Damages Over Chip Technology Patent Infringement
Micron, Western Digital Consider Buying SanDisk: report
Acer's 34-Inch Curved IPS Gaming Monitor with NVIDIA G-SYNC Comes to the United States
Intel Reports Revenue Despite Low PC Sales
Lexar Introduces New Memory Products
Twitter To Lay Off 8 Percent Of Its Workforce
Apple Ads Retina Displays To All iMac Family
Canon Debuts EOS M10, GX 5 and GX 9 Cameras
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > Xbox cl...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, May 20, 2001
Xbox closer to a late Autumn launch day...

Microsoft says it intends to launch its Xbox video game console on November 8 for $300. Microsoft expects to use the crucial holiday season to challenge the former industry leaders Sony, Sega and Nintendo for absolute dominance in an over $7 billion expanding industry.

Choosing this particular launch date, Microsoft seeks a crucial few weeks handicup into building a buzz around the Xbox just before the holiday season. It really needs to make a big splash in the race to catch up to Sony Corp's PS2.

Spicing up the race is Nintendo Co. Ltd., which is launching its "small-brother" next-generation GameCube console on November 5, just a few days before the Xbox introduction day.

The PlayStation 2 is also priced at $300, but some analysts think Sony might lower that soon to better compete with Xbox. Nintendo has not announced GameCube pricing yet, but many in the industry say the machine could be priced at around $200.

But despite the competition, Redmond, Washington-based Microsoft said it expected to sell from 1 million to 1.5 million Xbox consoles through the holidays. 'Neither one of us (Microsoft and Nintendo) are going to have any trouble selling hardware this holiday season,' Robbie Bach, Microsoft's 'Chief Xbox Officer', said in an interview at the Electronic Entertainment Expo (E3), the video game industry's annual trade show.

The Xbox's price tag is in line what analysts had expected. Console makers sell the hardware at a loss, hoping to build a user base quickly and then make profits on the games. A lower price makes the machine a more attractive buy, but means a bigger upfront loss for the company. Conversely, a higher price cuts initial losses but could put off cost-conscious consumers.

Shares in Microsoft closed up 89 cents, or 1.3 percent, to $69.16 in trading on Nasdaq. The stock is off its 52-week high of $82.88 but has rebounded about 60 percent this year, making it one of the best-performing companies in the Dow Jones Industrial Average.

Logitech announces new DVD-R/RW IEEE1394 drive        All News        Speedy 1394b release may outpace USB 2.0
Logitech announces new DVD-R/RW IEEE1394 drive     Optical Storage News      Speedy 1394b release may outpace USB 2.0

Get RSS feed Easy Print E-Mail this Message

Related News
Xbox One 1TB Holiday Bundle Available Next Month
Xbox 360 System Update Adds New Features
Xbox One To Get Backwards Compatibility in November
Xbox App Update On Windows 10 Brings High-res Game Streaming
Seagate Announces Game Drive for Xbox One and Xbox 360
Xbox Unveils New Game Lineup
China Is The New Battlefield For Game Consoles
Game Streaming Enabled For Xbox One Owners with a Windows 10 PC
Microsoft at E3 2015
Sony Says PS4 Is The Top Console In The U.S.
New Xbox One 1TB Console Unveiled
Xbox One Halo: The Master Chief Collection Bundle Comes to the U.S.

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .