The usual lifespan of a console is five years, but Microsoft is expecting its Xbox 360 to surpass expectations and stay on the market longer than that.
Mindy Mount, CFO for Microsoft’s entertainment division, shared some words during a conference regarding Microsoft’s long-term projects, which included extended support for the Xbox 360. She pointed to rival Sony’s PlayStation 2, which continues to sell strong after seven years on the market.
"Look at the PS2; they’ve gone long-time and seem to have pretty good legs on what they are doing. If we were able to do that, as CFO I think that’s great, because every year you draw it out you increase profitability."
Microsoft launched the Xbox 360 in November 2005, which replaced the original Xbox that debuted in November 2001. After the Xbox 360’s release, Microsoft immediately cut support for its first Xbox–in contrast to Sony, which continues to support its PlayStation 2 along side its PlayStation 3.
[Via Reuters]
