NEWS - Friday, November 16, 2001


Not Just Microsoft’s Baby

Amid an ice-cold tech sector and continued macroeconomic fogginess, software titan Microsoft ceremoniously released its Xbox videogame console at 12:01 ET on Nov. 15. The company’s first foray into the videogame-console business, if successful, could eventually boost profits not just for Microsoft, but for a number of its suppliers and contractors as well.

Two players, Sony and Nintendo , currently dominate the videogame-console market, estimated by Wall Street analysts to be worth between $20 billion and $30 billion in annual worldwide sales.

Microsoft touts the Xbox as the "future-generation videogame console," with more than three times the graphics performance of the latest generation of consoles. The Xbox will have Nvidia ’s 3-D graphics processor, a 4X DVD drive with movie playback and a 100 megabit-per-second Ethernet connection.

Check it out!
Source: http://www.forbes.com/

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