The lights are on
In the last console transition, Microsoft kicked the unprofitable Xbox to the curb in favor of the 360. According to an MS executive, things will be much different this time around.
Microsoft chief marketing and strategy officer Yusuf Mehdi stresses that the company plans to keep supporting the Xbox 360 long into the Xbox One lifecycle. Mehdi said, "We are going to continue to invest in Xbox 360 and the two devices can work in concert. So it isn't like the day we ship the Xbox One your [Xbox 360] won't work. We will continue to support it. In fact, we're going to ship over one hundred new games on Xbox 360. So you'll be able to still play your games, just not on the same exact box."
He cited reduced production costs and a large installed based as reasons why the system could remain very profitable in the future.
Our Take:Once again, Microsoft is learning from past mistakes. Sony has always stressed that its home consoles have a 10-year lifecycle, and has continued to release new version of past PlayStations while remaining focused on next-gen. It's just good business. For one, there are emerging markets around the world that are ripe for older, lower-priced hardware. In addition, new software can sell to a huge, mature installed base. And, as manufacturing costs continue to drop, each sale of an old system becomes more and more profitable. It's also a win for gamers who might not have the money to invest in the latest and greatest hardware.
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Yay!! Great news!! :)
I dont trust Microsoft anymore....its going to be three years with my 360 then hello PS4!!!!
Give me a f*cking break. I give it a year at best. It's Micro$oft. The very MINUTE Xbox 360 starts losing revenue, Microsoft will take it out behind the shed and put it out of it's misery. Just as they did with the Original Xbox.
Then they'll probably start going to every second-hand retailer they can and begin removing every remaining Xbox 360, so as to force people to buy the One....just as they did with the Original Xbox.
My 360 is already retired. After being a Gold member since 2004, I canceled my last renewal. I just don't play it that much to justify $60.00.
3 yrs it seems to short for the system it should be 5 yrs because there are still people that still can't get it now and lets say they get it in 2 yrs that means they only have 1 left so it won't be fare to them...me I will be going back to playstation, xbox live they don't help you at all when you get kicked from live by a hacker one a be and some times it takes 3 to 7 days to get back on now that sucks...
That's better than I expected. I thought it would only be 1-2 years
As someone who still loves his 360 and is in no hurry to upgrade to next-gen I am very glad to hear this news. Nice job Microsoft.
Let's see how this will turn out.
*Fingers-crossed the 100 new games aren't all released within the next year and the "continued support" doesn't end up consisting of patches for games and access to Live.
Exactly, I feared that we would only have at least a year for xbox live but 3 years are better than anything else.
I really like how the freaking parasites at Microsoft conned me and im sure a lot of other people into buying 1 of the x360 systems with the kinect for 100 dollars and 15 dollars a month for LIVE for a period of two years! knowing full well when they made the offer they were going to announce the XBOX 1 JUST A FEW SHORT MONTHS LATER, screwing the people who bought into their BS legacy system.
Microsoft needs to burn in f@#$ing HELL
FRAK BALLMER FRAK GATES and especially F*CK Microsoft
Will you be able to connect to the next gen console with the 360? I have been wondering this for awhile but haven't asked yet.
This, I am okay with. Good job, M.S