Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > Games > Gates o...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, May 06, 2005
Gates optimistic for 360's success


Microsoft chairman sees the next-gen Xbox as the tool to push the company to number one in gaming business.

Microsoft chairman Bill Gates believes that the next-generation Xbox, referred to as the Xbox 360 or by its code name, Xenon, will launch his company into the leading position in the gaming industry. The console, which is expected to be released later this year, would have to have some serious impact to dethrone gaming's current top dog, Sony.

"Our goal in the last generation was to be in the game," Gates told reporters at a meeting of the Society of American Business Editors and Writers. "We came out of this round a strong number two."

The next Xbox is rumored to have standard wireless controllers, a detachable hard drive for storing various forms of media, and a high-powered processor that will deliver incredibly sharp graphics. With a recent deal with Samsung, one of Sony's rivals in the electronics market, Gates is hoping that the Xbox 360 will usher in the high-definition era into homes across the world. While details are still trickling in about the next Xbox, the state of Sony's PlayStation 3, expected in 2006, still remain under wraps.

Word on the Street is some analysts don't see the launch of Microsoft's console as the beginning of the company's reign as king of the industry. Michael Pachter, analyst at Wedbush Morgan Securities, doesn't see the next generation really kicking into high gear until Sony's contribution hits the market.

"We believe that market perception will cause entertainment software stocks to fluctuate within a narrow range until there is better visibility into software demand," says Pachter. "We think that many investors have misinterpreted the launch of the Xbox 360 as the beginning of the next generation, and expect rapid sales growth in 2006. In contrast, we expect the launch of Sony's PS3 (expected in late 2006) to mark the beginning of the next cycle, and think that rapid sales growth will not materialize until 2007."

Gamers will get their first peek at the new Xbox on May 12, when a special unveiling of the machine airs on MTV.


Previous
Next
Microsoft shares spare technology        All News        Microsoft, HP unveil new high-def video disc formats
PSP UMD Cracked     Games News      Star Wars Knights Review

Get RSS feed Easy Print E-Mail this Message

Related News
New PowerVR G6020 And PowerVR Series5 Video Encoders Targets IoT And Mobile Devices
Imation Adds IronKey S1000 Products to Its Secure Family of USB Storage Devices
Sony Xperia E4 Goes Official
PlayStation Meets Spotify
Sony Mobile Reportedly Plans Massive Job Cuts
Verbatim-MKM To Manufacture And Sell Archival-Grade M-Discs
Creative Unveils Sound Blaster X7 Limited Edition At CES
PlayStation Network Back Online
Imagination Releases Raspberry Pi Rival
New Scalable PowerVR Series7 GPUs Target Wearables, Servers
PS4 Remote Play Now Available for Xperia Z3 Series
Sony To Release Android Lollipop To Its Entire Xperia Xperia Z Series

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 .