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360 Will Be Around Awhile

sjohnson
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Posted November 7, 2007 - By Stephen Johnson

The quote du jour when it comes to console makers is: "We're going to be around for a long time."

Microsoft's Mindy Mount, chief financial officer for Microsoft's entertainment division, says the 360 will outlast the five year cycle common to consoles.

"Look at the PS2; they've gone long-time and seem to have pretty good legs on what they are doing," Mount told a BMO Capital Markets conference on interactive entertainment.  "If we were able to do that, as CFO I think that's great, because every year you draw it out you increase profitability."

Mount also pointed out that consoles have become advanced enough that there is no technological feature analogous to hi-def on the immediate horizon.

We agree.

Reuters: Microsoft sees long-life potential for Xbox 360

360 Will Be Around Awhile
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