ArabianBusiness.com - Middle East Business News
Sunday, 05 July 2009 02:50 UAE time

YOUR DIRECTORY /

| Share |

Microsoft revels in Xbox 360 success

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 08 January 2009

Microsoft is celebrating the success of its popular game console Xbox 360 that enjoyed a record year in 2008.

It was the year the most Xbox 360 consoles, games and online entertainment experiences were sold in its history.
Unit sales rose to 28 million consoles globally, which has expanded its lead against competitor PlayStation 3 by more than 8 million units.

Microsoft states that the console is experiencing record sales worldwide, particularly in Japan and Europe where its market share has nearly doubled. In the EMEA region, Xbox 360 has now sold more than 8 million units, with a lead over PS3 by 1 million units.

Story continues below
advertisement

The Xbox LIVE community also grew to more than 17 million active members, reflecting the 84% increase in online consumer spending compared to last year. Microsoft also revealed that more than $1 billion has been spent on Xbox LIVE since its launch three years ago in the US.

“For Xbox, 2008 will be remembered around the world as a pivotal growth year at retail — even in the face of tough economic conditions,” said Don Mattrick, senior vice president of the Interactive Entertainment Business at Microsoft, adding that the "...best of Xbox 360 is yet to come.”


For news updates sign up for our newsletter
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Microsoft Gulf FZ LLC»

 EMAIL ALERTS

  1. Microsoft Gulf FZ LLC

  2. Technology


CURRENCY CONVERTOR


READER COMMENTS

Read all user comments >

BUSINESS FEATURES

Ringing in the changes

A long-awaited gold rush in commercial internet services could prove to be the telecoms industry's saviour.

Expansion slowdown

Vodafone's CEO says that the operator will concentrate on existing assets before making further moves into emerging markets.

BUSINESS INTERVIEWS

Calling the shots

Mobily CEO Khalid Al Kaf tells Arabian Business why moving first and moving fast is the key to the firm’s success.

MORE FROM ARABIANBUSINESS.COM