Microsoft Not Ready For Xbox 720 Just Yet

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The Xbox 360 sold a quarterly record of 2.7 million units between 1st January and 31st March this year, Microsoft has announced, up from 1.5 million over the same period last year.

The data came from Microsoft's fiscal Q3 financial report released today, which stated that total Xbox 360 platform revenue grew year-on-year by $712 million (or 69 per cent) to $1.95 billion.

Company-wide, revenue was up 13 per cent to $16.43 billion.

Driving the platform's growth, the Kinect peripheral sold 2.4 million units in the quarter, putting life-to-date sales at around 10.4 million units when taking into account the eight million it sold between its 4th November launch and 31st December 2010.

"Consumers are delighted with Kinect, as well as our entire Xbox 360 platform, for the revolutionary experience it brings to their living room," commented chief financial officer Peter Klein during an investor call. "Kinect continues to lead the way forward in gaming."

With hardware sales clearly on an upswing, Microsoft insisted that it wasn't ready to start discussing the Xbox 360's successor.

"We're really not talking about that," said investor relations boss Bill Koefoed, in response to a question as to when new hardware might be forthcoming.

"Right now we're incredibly excited about what's going on with Xbox 360 and certainly Kinect, which is relatively new to the market, so we're focussed on that."

As reported earlier this week, Nintendo plans to unveil its next home console at E3 this year.

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Source: http://www.eurogamer.net/articles/2011-04-28-microsoft-not-ready-to-talk-new-hardware

Comments

"Microsoft Not Ready For Xbox 720 Just Yet" :: Login/Create an Account :: 26 comments

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ZBrushPosted:

xoxo-_-
ZBrush MS hasnt learnt from Sonys mistakes, Just wait the 360 network will be brought to its knees before you know it.

Then they will of wished they had started developing the new console.


Lol u mad ps3 player? mad bro maaaaaddd?


I have an Xbox 360 dumb ass not a PS3.

Obviously you have no common sense and cant see that Xbox live will suffer the same error as Sony.

SolarisPosted:

good to c it going strong :)

xoxo-_-Posted:

ZBrush MS hasnt learnt from Sonys mistakes, Just wait the 360 network will be brought to its knees before you know it.

Then they will of wished they had started developing the new console.


Lol u mad ps3 player? mad bro maaaaaddd?

ZBrushPosted:

MS hasnt learnt from Sonys mistakes, Just wait the 360 network will be brought to its knees before you know it.

Then they will of wished they had started developing the new console.

TTG_ForbzxPosted:

Awwwwwwwwwwwwwwwwwwwwwwww! :(

gdcharristhe3rdPosted:

codeghost98 ya i just want to see updates on the systems not a new 200$ console that i have to buy.
(Ex-ps3 have 3d games now)i just see new things for the 360

ummm.... 360 has some 3d compatible games too and in my opinion 3d isnt something i want to stare at all day anyway but im happy with the 360 i dont think a new xbox is needed at all 360 is smashing and will continue to smash long after nintendo and sony come out with new consoles

_TTG-HAGGIS_Posted:

c0dm0dz As long as it can be jtagged, I will be fine with whatever Microsoft decides to come out with next.



just crawl into a hole and die

Microsoft did'nt inteionally make a jtag until some accidental bypassed the checks and made one and soon as there heard the patched it with a new d/b, so they wouldnt make a new xbox that could be jtagged

aimiami12Posted:

why dont they just keep the 360. its not like the wii is going to be a competitor with 360... at first it will but itll be just like the first wii

c0dm0dzPosted:

As long as it can be jtagged, I will be fine with whatever Microsoft decides to come out with next.

MINIST3RofDOOMPosted:

MINIST3RofDOOM Microsoft will not use BluRay technology in their next console.That would mean paying Sony for licensing fees to use BluRay and as you all know Sony is Microsoft's only real competitor in the console gaming sector. Basically for every few or hundred consoles sold by Microsoft would equal a console sold for Sony.


The fees for the Blu Ray license will be $9.50 for a Blu-ray player, a third of which goes to Sony.That's for consumer based Blu Ray players so the price most likely would be a little less if put in a console that would sell millions, all of which depends on negotiations between the parties involved.