PDA

View Full Version : Work starts on new Xbox



UnitedKingdom
06-27-2002, 05:39 AM
Wednesday, 26 June, 2002, 15:36 GMT 16:36 UK
Work starts on new Xbox

Microsoft has confirmed it is working on future generations of its Xbox console.
The computer software giant admitted new versions of its games console were in development, following reports it was planning to release a combined digital video recorder and games unit next year.
Technology magazine Red Herring, which reported the move on Tuesday, also said that the Xbox had made huge losses.
It quoted a source as saying that Microsoft had estimated it would lose $750m (£490m) on the Xbox game console in the year to June 2002 - and a further $1.1bn (£720m) in to June 2003.
Microsoft has refused to comment on the financial forecasts.
But the company said in a statement: "Microsoft is committed to Xbox for the long term.
"We've made a substantial investment from a hardware standpoint and that investment is one that we remain committed to.
"We're continuing to see great demand for Xbox worldwide. We're on target to meet our fiscal year forecast of 3.5-4 million units.

Losses

"We are very pleased with our progress. Microsoft is in this business to win and we plan to do that."
The Red Herring article quoted author Dean Takahashi, who has recently written the book Opening The Xbox.
He compared the reported losses with the estimate given to Microsoft chairman Bill Gates in 1999 that the Xbox project could lose $900m (£590m) over eight years.
The magazine said that Microsoft was losing some $150 (£98) on each Xbox sold.
Red Herring also said that Microsoft engineers had been at work for about nine months on a project combining the company's UltimateTV recorder with the Xbox.
The new machine could be launched next year for a price of around $500 (£325), said the magazine.
Microsoft is competing with Sony and Nintendo for a share in the global game market, which is expected to be worth $30bn (£20bn) in hardware and software sales this year.
All three companies make losses on their hardware products, but make up those losses with sales of the more profitable software.

http://news.bbc.co.uk/hi/english/entertainment/new_media/newsid_2068000/2068120.stm

Angell
06-27-2002, 09:23 AM
As long as Bill is here for the long haul, then so am I

faceoff508
06-27-2002, 09:24 AM
Originally posted by Frostberg
Oh, I see.

Frostberg, I think this job is getting to your head. You now just registered AGAin as the original Frostberg. Wow, you are doing lots of tricks, remeber the chatroom.

Xbox Owner
06-27-2002, 10:19 AM
Originally posted by faceoff508


Frostberg, I think this job is getting to your head. You now just registered AGAin as the original Frostberg. Wow, you are doing lots of tricks, remeber the chatroom.


I don't think that's frostberg...:confused:

Magnum Blast
06-27-2002, 10:28 AM
Originally posted by XBox Owner



I don't think that's frostberg...:confused:

Xbox owner I think he knows that already. Thats why he made those comments. Theres just a bunch of idiots showing up now thinking if they change their name to look something like Frostbergs that they'll get the admin power.

Xbox Owner
06-27-2002, 10:34 AM
There is a Maximus, too. But no one is going to believe him, because he doesn't have - XBA attached to him.

Frostberg
06-27-2002, 01:19 PM
Originally posted by faceoff508


Frostberg, I think this job is getting to your head. You now just registered AGAin as the original Frostberg. Wow, you are doing lots of tricks, remeber the chatroom.
Actually, It wasn't me...He will be banned shortly...

Casper
06-27-2002, 01:21 PM
Originally posted by Frostberg-XBA

Actually, It wasn't me...He will be banned shortly...

Layeth the Smacketh Down brutha :)

Xbox Owner
06-27-2002, 01:25 PM
lol! There is a van and a maximus, too..hehe

FaTBoi702
06-28-2002, 12:55 AM
Did i not already post this? it was called Hybrid Xbox

EHWfedPres
06-28-2002, 01:02 AM
A new Xbox already? What the *****? Lets wait about 5 years or so before getting a new console, this is pathetic.