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  Microsoft: Over 1 Billion Next-Gen Consoles Will be Sold
Time: 12:12 EST/17:12 GMT | News Source: IGN | Posted By: Byron Hinson

Microsoft believes there will be over 1 billion lifetime sales of next-generation consoles, and is also hoping to break the 100 million sales mark for Xbox 360s in the next five years. In an interview with OXM, the company's senior vice president of Interactive Entertainment Business Yusuf Mehdi explained that the consoles' broad multimedia focus would help them transcend the sales figures traditionally seen by consoles. "Every generation, as you’ve probably heard, has grown approximately 30%. So this generation is about 300 million units," he shared. "Most industry experts think the next generation will get upwards of about 400 million units. That’s if it’s a game console, over the next decade.
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