a new hope
Following October's sales boost, Xbox 360 is now poised to do in three years what its predecessor, Xbox, failed to do in its four short years in production. "By the end of this month, we expect our global installed base to reach 25 million units, surpassing that of the first Xbox," declared Microsoft Entertainment & Devices Division CFO Mindy Mount at yesterday's BMO Capital Market conference in New York. Mount was confident that this milestone was "only the start," though, since historically, more than 75 percent of a console's total sales come after its price has dropped to $199 or below.

And here's the part where we all say: Great, kid. Don't get cocky.

This article was originally published on Joystiq.

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