
11-09-2005, 07:47 AM
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Junior Member
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Join Date: Nov 2005
Posts: 24
Rep Power: 0
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E-Bay Bids for 360 top $4000.00
Wow people are crazy. The X-Box is not a limited edition item.
X-Box 360 and E-Bay
Quote:
Microsoft'sRelevant Products/Services from Microsoft Xbox 360 Latest News about Xbox 360 video game machine is already sold out on some Web sites, including Wal-Mart's Latest News about Wal-Mart, a sign the company may have shortages when the console goes on sale this month.
Wal-Mart's site tells people to go to a store at midnight Nov. 22, the day Xbox is released in the United States.
Amazon.com Latest News about Amazon.com says the system is unavailable in the United States and warns United Kingdom buyers they may not get it by the holidays. Bids on eBay Latest News about eBay reached as high as $4,100.
Microsoft, the world's biggest software maker, is counting on the Xbox 360 to snatch sales from Sony's Latest News about Sony PlayStation. Redmond, Wash.-based Microsoft may not be able to capitalize on the demand should too few units be available.
"People are going to have to go to extreme measures to get an Xbox 360," said Evan Wilson, a computer-games analyst at Pacific Crest Securities in Portland, Ore. He said he doesn't own Microsoft shares or rate the stock. "From Microsoft's perspective, they would have liked to get out more units."
Microsoft plans to ship 4.5 million to 5.5 million Xbox units, which start at $300, by June, which would generate at least $1.35 billion in sales.
Chief Financial Officer Chris Liddell said there would be shortages and played down the prospect of a spike in demand. The company is "on track" with plans, he said.
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