October 27, 2006

Microsoft sold 6 million XBox 360...

As part of its quarterly earnings report issued late Thursday, Microsoft disclosed that it has sold a total of 6 million Xbox 360 video game consoles since the product debuted nearly one year ago. Losses in the Xbox division were also lowered to $96 million from $173 million a year ago.

As of July, Microsoft had sold a total of 5 million Xbox 360s. Still, the Redmond company expects to sell a total of 10 million consoles by the end of this year. This figure has remained firm, even with increased competition this holiday season from Sony's PlayStation 3 and the Nintendo Wii, both due out next month.