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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (45321)1/26/2006 6:01:35 PM
From: shades  Read Replies (1) of 116555
 
A maze of twisty passages - more GLITZ and less STORY never appealed to me much on gaming - you think MSFT is figuring this out yet? I loved the baldurs gate series - good LONG stories that I could really get sucked into and BELIEVE i was there.

DJ Microsoft Exec: Fiscal 2Q Rev Hit By Weak Xbox Shipments

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By Chris Reiter
Of DOW JONES NEWSWIRES


NEW YORK (Dow Jones)--Microsoft Corp. (MSFT), the world's largest software maker, said Thursday that revenues in the fiscal second quarter were hit by lower-than-expected shipments of the new Xbox 360 game console.

In an interview with Dow Jones Newswires, Scott Di Valerio, Microsoft corporate vice president, said the Redmond, Wash., company shipped 1.5 million units of the new game console, which was less than expected.

Despite the setback, he said the company still plans to sell between 4.5 million and 5 million of the new game console by the end of June.

Microsoft expected to sell 2.75 million to 3 million Xbox consoles in the first 90 days. It made its North American debut on Nov. 22. The slow Xbox shipments, which was related to supply constraints rather than weak demand, was anticipated.
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