| Uh-Oh: Microsoft Cuts Xbox 360 Shipment Estimates
The one bit of bad news in Microsoft's otherwise stellar quarterly earnings is that the company cut its shipment forecast for the Xbox 360. Microsoft had previously said it would ship 13 to 15 million Xbox 360 consoles by the end of its fiscal year on June 30, 2007. Now, the company says it expects to ship just 12 million units by that time. Although Microsoft's entertainment division lost money this quarter, revenues hit almost $3 billion on the strength of Xbox 360 console and "Gears of War" game sales. That's a whopping 76 percent jump year over year. Next, Microsoft can cut the Zune shipment estimates from 1 million units to somewhere in the 17-18 range.
Souce: WinInfo Short Takes: Week of January 29, 2007 | 
