daredevil.shark on 07 June 2014
Xbox One missteps may end up costing Microsoft $1 billion
Published 3:55 pm, Saturday, June 7, 2014
Microsoft admits it has made mistakes with the Xbox One. Photo: Nam Y. Huh, Associated Press
Number of the day
$1 billion
That's how much Microsoft may lose in future sales of its Xbox One console thanks to missteps over pricing of the machine and curbs it tried to place on trading video games, according to Michael Pachter, an analyst at Wedbush Securities. The software giant will introduce a cheaper version of the machine Monday to match the $399 price of rival Sony's PlayStation 4, which has outsold it by at least 2 million units.
Source: http://www.sfgate.com/business/article/Xbox-One-missteps-may-end-up-costing-Microsoft-1-5536520.php
