Sunday, September 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Pushes Back Xbox One Debut In China
New Oculus 'Crescent Bay' Headset Announced
Microsoft Offers iPhone Users 30 GB of Free Storage
New Tizen Device Coming in India
Samsung Launches My Knox App For Latest Mobile Device
Android L To Support Encryption By Default
Microsoft Outlines Basic Elements Of Direct3D 12
New GeForce WHQL Driver Released
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 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
Imation Introduces NST4000 Hybrid Storage Appliance
Sony Xperia Z3 Specs Leaked
Imagination Introduces Tiny Android GPU
New Sony Software Upgrade For Xperia T2 Ultra
Imation IronKey Workspace W700 Flash Drive Now Available
Creative Introduces the MUVO mini Weatherproof Bluetooth Portable Wireless Speaker
Sony Launches The Xperia C3 For Selfies
Some Sony TVs Get Support for PS3 Games
Sony Unveils The Stylish Xperia T3 Smartphone
Android 4.4; KitKat Upgrade, Roll for Xperia Z, Xperia ZL, Xperia ZR and Xperia Tablet Z
Michael Jackson Is Alive Through Sony's Music Unlimited Service
Sony To Preview PlayStation Mobile Content Development Environment

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .