Saturday, December 16, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Admits Spending Time on Social Media is Bad for You
Facebook Will Start Putting Ads Before Videos
Samsung's Smart Speaker Coming Next Year
Internet Neutrality is Officially Dead
Synaptics Brings First In-Display Fingerprint Sensors for Smartphones
Disney to Buy Fox Film and Some TV Businesses for $52 billion
Powerful iMac Pro is Available Today, Starting at $5,000
IBM Announces Collaboration With Leading Companies to Accelerate Quantum Computing
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Sony Says Playstation 4 Sales Surpass 70.6 Million Units
PlayStation VR Leads Virtual Reality Headset Market
Microsoft Offers Discounted Games for Xbox Live Gold Members, Sony Unveils PlayStation Deals
Sony Makes Changes to PlayStation VR Headset
China-backed Canyon Bridge Buys Imagination for £550 million
Imagination Announces New PowerVR Series9XE and 9XM PowerVR GPUs, PowerVR 2NX NNA Hardware Neural Network Accelerator
Verbatim Unveils Black PRIMALLOY 3D Printing Filament
Sony Cuts Price of PlayStation VR
Apple Says Imagination Knew Their Graphics Chip Deal Was Ending
Imagination Says it Has Received Interest Amid Apple Dispute
Creative Targets Audiophiles With New Sound BlasterX AE-5 Gaming Sound Card
Imagination Debuts First PowerVR Series8XT IP Core Based on New Furian GPU Architecture

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .