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  Microsoft sees long-life potential for Xbox 360
Time: 07:33 EST/12:33 GMT | News Source: Reuters | Posted By: Brian Kvalheim

SAN FRANCISCO, Nov 6 (Reuters) - Microsoft Corp (MSFT.O: Quote, Profile, Research) sees potential for its Xbox 360 video game console to stay on the market longer than the five-year lifespan that is typical for gaming hardware, an executive said on Tuesday. Asked about long-term prospects for the game industry, Mindy Mount, chief financial officer for Microsoft's entertainment division that includes the Xbox, pointed to Sony Corp's (6758.T: Quote, Profile, Research) PlayStation 2, which is still going strong after 7 years on the market. "Look at the PS2; they've gone long-time and seem to have pretty good legs on what they are doing," Mount told a BMO Capital Markets conference on interactive entertainment.
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#276 By 4240821 (195.208.3.68) at 11/16/2024 12:05:26 AM
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