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Microsoft Increases Xbox 360 Shipments

Authored by dmw on April 28, 2006 - 6:16am.
Seattle - Microsoft has increased production of its Xbox 360 next-generation video game consoles, now projecting that it will have sold between 5 and 5.5 million units by June 30, up from an earlier estimate of 4.5 to 5.5 million. "We made a conscious decision to be very aggressive on selling Xbox 360 consoles to get as much into the installed base as we possibly could ahead of Sony's launch," Microsoft chief financial officer Chris Liddell told Reuters. The company faced supply shortages when it launched the Xbox 360 in November that left many pre-orders for the console unfulfilled. Sony has said it plans to ship 6 million PlayStation 3 consoles by March 2007.
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