Analysts Estimate 1.3 million 360s Sold

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  • CaptainZombie
    Brains
    • Jul 2003
    • 37851

    #1

    Analysts Estimate 1.3 million 360s Sold

    IGN.com

    "January 4, 2006 - Industry analysts have estimated sales of Microsoft's Xbox 360 next-generation game console to be about 1.3 million units since its release on November 22nd or less than half of what the company projected to sell before the end of the current fiscal quarter.

    According to Goldman Sachs analyst Rick Sherlund, the near-universal (at least in the United States and Europe) shortages of the console are significantly impacting Microsoft's initial sales estimates. In his upcoming report, Sherlund states that "it's clear that something disrupted the supply of Xbox 360 shipments in the quarter, and there does not appear to be any end of year catch-up in shipments."

    Sherlund goes on to estimate that the company may be producing 600,000 to 800,000 units per month which will meet the expected demand for 2 million units in the March quarter.

    These sentiments were also expressed by Bank of America analyst Gary Cooper who believes that Microsoft has told retailers to "expect minimal replenishments of Xbox 360s in the month of January."
    HDMovie Room
  • countryboy
    Growing pains
    • Sep 2003
    • 52720

    #2
    Re: Analysts Estimate 1.3 million 360s Sold

    Originally posted by candyman56
    IGN.com

    "January 4, 2006 - Industry analysts have estimated sales of Microsoft's Xbox 360 next-generation game console to be about 1.3 million units since its release on November 22nd or less than half of what the company projected to sell before the end of the current fiscal quarter.

    According to Goldman Sachs analyst Rick Sherlund, the near-universal (at least in the United States and Europe) shortages of the console are significantly impacting Microsoft's initial sales estimates. In his upcoming report, Sherlund states that "it's clear that something disrupted the supply of Xbox 360 shipments in the quarter, and there does not appear to be any end of year catch-up in shipments."

    Sherlund goes on to estimate that the company may be producing 600,000 to 800,000 units per month which will meet the expected demand for 2 million units in the March quarter.

    These sentiments were also expressed by Bank of America analyst Gary Cooper who believes that Microsoft has told retailers to "expect minimal replenishments of Xbox 360s in the month of January."

    minimal replenishments
    I can't shave with my eyes closed, meaning each day I have to look at myself in the mirror and respect who I see.

    I miss the old days of Operation Sports :(


    Louisville Cardinals/St.Louis Cardinals

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    • Victor99
      Living The Dream!
      • Mar 2005
      • 1230

      #3
      Re: Analysts Estimate 1.3 million 360s Sold

      Supply and demand, the key to business.
      How I wish, how I wish you were here. We're just two lost souls swimming in a fish bowl year after year. Running over the same old ground. What have we found? The same old fears. Wish you were here.

      Comment

      • CaptainZombie
        Brains
        • Jul 2003
        • 37851

        #4
        Re: Analysts Estimate 1.3 million 360s Sold

        Originally posted by Victor99
        Supply and demand, the key to business.
        Microsofts 360 plan
        HDMovie Room

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