A look at the 360's sales since the September 08 price cut.
The recent sales boost Microsoft's Xbox 360 console has enjoyed since a drastic price cut in September of last year seems to have fizzled out as a result of stiff competition and the current worldwide economic recession take their toll on the once considered "recession proof" videogames industry. Microsoft reported during their fiscal year end update today, 360 sales for the 4th quarter amounted to only 1.2 million units, it's lowest quarter since 2007 when the console sold 0.7 million units for the 3 month period ending June 30th.
Microsoft's Xbox 360 console had enjoyed a sales boost versus its competition when they announced lower prices on all 3 available 360 versions in September of 2008. Prior to that, 360 sales growth had remained flat year over year in their primary, US market to NPD data which tracks sales data in the US. The price cut came in the nick of time as 360 sales trailed their closest rival, Sony's Playstation 3, by over a million consoles worldwide for the 2008 calendar year according to Sony and Microsoft's official numbers. With the price cut in effect, 360 sales and a strong holiday season enabled Microsoft's games console to finish the 2008 calendar year in a virtual tie with Sony's PS3.
The first PlayStation is home to an array of iconic video games that went on to define the sheer significance of this console.
I think from a historical perspective I would change Spyro for Grand Turismo. It's the franchise that made the PS1 look like an absolute unit. Other than that, I can't argue with the rest when it comes to games that defined the PS1.
And to be honest, there should be space for Tekken 3, Wipepout and Tony Hawk's Pro Skater in order to round out the PS1 identity as the machine to own at the time.
With Tomb Raider 2, Silent Hill, Symphony of the Night, Tenchu, and Soul Reaver as backup contenders.
This could be fun as they make great tables. Go big or go extinct. Prime your senses for a neural handshake and step into the cockpit of a Jaeger. It is on you to cancel the apocalypse when Pacific Rim Pinball comes to Pinball FX on May 16.
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
Is there any reason to not think that this time of year sales are generally down? True the 360 has sold less in this time but not to the same degree of the competition.
if this was a PS3 article & even if its a duplicate it will get approved quicker then lightening
Can someone provide a link which shows this is a duplicate?
MS sells less during the slowest part of the year. Last year saw more of a price cut boost during this period and a recession hence the slowest quarter in sales for 2 years. This cannot be turned into a MS is doomed article becuase SOny and Nintendo will post equally poor sales. Its just the state of the industry right now. Infact as it is 2008 could turn out to be the peak year for this generation of consoles. Heres hoping that things pick up this christmas and 2010.
Hard times, people just aren't willing to buy as much with the economy in such a bad recession.