Xbox 360 Sales Expectations Lowered

Citing production-related shortages, Microsoft on Thursday lowered its 90-day sales expectations for the Xbox 360. The company now expects to sell 2.5 million consoles worldwide by late February, backing away from initial estimates of 2.75 to 3 million.

However, Microsoft remained confident it would sell between 4.5 and 5.5 million units by the end of June. By the end of 2005, Microsoft says it sold 900,000 Xbox 360s in North America and another 500,000 in Europe. Demand was far lower in Japan, where the company sold only 100,000 units.