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Xbox 360 (Xbox 360)
at 10:03AM PST on July 13, 2007.
Further bad press has hit the news today about the 360. MS admitted that all their consoles have the chance of failing.
With the high price point and the bad press I think it will kill the sales trend we have seen so far and even in America the 360 sales will diminish.
That on top of the lack of a price cut will limit the sales of the console throughout the summer.
We will see a short term sales spike with the launch of Halo 3 and then sales will drop down again.
MS is struggling to make a profit this time around and that lends weight to the idea they will respond to Sony's price cuts instead of doing them themselves first.
Overall this is further proof that this stock remains
by between 1400 - 400 DKP.
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[ Rank: 122 ]
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