So I'm going to chime in here as well. It looks like again and again MS is failing to make their system a large enough appeal to sell 60 million units.
I think it's generally agreed that this stock is overvalued.
Taking into account the star title for this game is Halo 3, and theres no way that title will meet it's value either, along with the woes hitting MS, including people in the upper management dropping shares, spending a billion to fix a problem they should have never had, a 33% failure rate for their system, and not meeting their goal for systems sold I do not think the 360 will even make 40 million in its lifetime, especially if they launch the next gen system in 2009 like they are rumored to be.
I would say this stock should be between 30-40 million max.
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I think it's generally agreed that this stock is overvalued.
Taking into account the star title for this game is Halo 3, and theres no way that title will meet it's value either, along with the woes hitting MS, including people in the upper management dropping shares, spending a billion to fix a problem they should have never had, a 33% failure rate for their system, and not meeting their goal for systems sold I do not think the 360 will even make 40 million in its lifetime, especially if they launch the next gen system in 2009 like they are rumored to be.
I would say this stock should be between 30-40 million max.