Analyst: Xbox Sales Down 57%; Microsoft Responds
- October 16, 2006 15:17 PM PST
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Analyst Michael Pachter from Wedbush Morgan Securities claims that Microsoft has "abandoned" the Xbox (V1) as sales continue to decline.
Xbox sales down 57%, ouch
"IIt is important to note that Xbox software sales were down 57%," said Pachter, adding that "the console has been all but abandoned in favor of the next generation Xbox 360." Pachter expects to see further declines through 2007 for the original Xbox as "the platform contributed less than 25% of the amount contributed by PS2 software sales during September."
Pachter, however, praises the Xbox 360 as sales are higher than expected by WMS. And according to WMS, current-gen consoles are "sustainable, given strong sell-through performance over the last several months."
Speaking with GameDaily BIZ, a Microsoft representative responded to Pachter's analysis, stating that the "Xbox (V1) is a robust platform with more than 24 million units in living rooms worldwide with a portfolio of over 800 games. Microsoft will continue to support V1 Xbox hardware units, our Xbox Live service and general game issues." While third parties continue to support the original Xbox, the MS representative added that Microsoft Game Studios has no titles planned for the system at this time.
