Slow Japanese and European Xbox sales threaten MS Projections
Not exactly a thumbs down, but it's not looking good either.
An Xbox, not going anywhere: a bit like the ones on German shop shelves, for example.
According to a report issued by investment bank SoundView Technology Group, Microsoft is unlikely to reach even its own lowest projected figure of Xbox sales for this year.
Microsoft stated that it intended to sell between 4.5 million and 6 million machines across the world. Analyst Mark Specker has gone on record to say that he believes MS will shift no more than 4.35 million.
“While we believe that Xbox prospects remain healthy long term,” Specker said, “short term, we believe that our Xbox assumptions for the 2002 fiscal year are at risk.
"We believe a number of factors have hampered Xbox run rate in the March quarter, and we are looking for improvements in these areas in the June quarter, including improved supply in the US market, acceleration from seasonally slow January and February months, as well as... momentum from the E3 game trade show in May.”
Microsoft stated that it intended to sell between 4.5 million and 6 million machines across the world. Analyst Mark Specker has gone on record to say that he believes MS will shift no more than 4.35 million.
“While we believe that Xbox prospects remain healthy long term,” Specker said, “short term, we believe that our Xbox assumptions for the 2002 fiscal year are at risk.
"We believe a number of factors have hampered Xbox run rate in the March quarter, and we are looking for improvements in these areas in the June quarter, including improved supply in the US market, acceleration from seasonally slow January and February months, as well as... momentum from the E3 game trade show in May.”
Companies:
Microsoft
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