Microsoft to Miss 90-Day Target

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Microsoft has finally admitted that the severe shortage problem has affected the company's early sales goal for its new Xbox 360. As such, Microsoft is now looking to focus on its June sales target instead of its 90-day goal. The Financial Times is reporting today that Microsoft has finally backed away from its initial Xbox 360 sales target of 2.75 million to 3 million consoles.

The company had hoped to reach that goal within 90 days of the system's launch (Nov. 22), but in light of the continual hardware shortages, Microsoft has been forced to look at the longer term picture. As was stated last week during the Consumer Electronics Show, Microsoft is aiming to hit sales of 4.5 million to 5.5 million consoles by the end of the company's fiscal year this June. Read on at GameDaily Thanks Juomaru FYI.