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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LostPosted:

I am content with the Xbox 360 still i dont think Nintendo will never catch up LOL their last system was terrible!

SchoeyPosted:

They need to make a new xbox. That's Practically the same as this with Blu-Ray and a Few Tweaks to help it run smoother. Its OLD. Technology Changes but xbox hardly does. I would love to see them make a 360 with Blu-ray etc.

NipPosted:

-vH2o- They're already making it, It just wont be release for a while. My guess is holiday 2013.


No there not, and you have no proof. Why would they make a new console, when their original one is making them millions more than other consoles.

JustTooAmazingPosted:

They're already making it, It just wont be release for a while. My guess is holiday 2013.

-WWE-Posted:

_TTG-HAGGIS_ it was a 10year plan for the 360 so we have roughly another 4 years before a new one :(

to be honest i dont really mind xbox 360 is doing so well for itself and to be honest its hard to get bored of it

_TTG-HAGGIS_Posted:

it was a 10year plan for the 360 so we have roughly another 4 years before a new one :(