byBlake Snow||January 9th 2006 at 11:30amJanuary 9th 2006 11:30 am
Microsoft has admitted it will not meet its expected goal of 3 million Xbox 360s sold within 90 days of system
launch. According to the Financial Times, the Redmond, WA company has shifted its approach to a longer term target
outlined at this year's CES of 4 to 5.5 million by the end of its financial year, in June. Next-Gen writes: "Analysts believe sales of the console had hit around 1.3 million by the end of
the Holiday sales period. But as January moves along, retailers have yet to see evidence of shortages easing."
Console game launches are a tough business. As THQ CEO Brian Farrell notes, the "first three to six
months" don't always perform as expected, due in part to lower inventories.