Gates: New Xbox has chance to be No. 1 - 3.5.05

Reuters are reporting on the Xbox 360 and comments by Microsoft CEO Bill Gates:

Our goal in the last generation was to be in the game," Gates told reporters, "We came out of this round a strong number two

Speaking at a meeting of the Society of American Business Editors and Writers, Gates reportedly claimed the next-gen Xbox (code named Xenon) will be as much a Media-centre as it would a games machine. Gates said that the console would have an array of features that will make the device a more versatile tool for games, music, video and pictures in the living room.

"What we've got in this (next round), at some significant financial cost, was the right to play again with great credibility," Gates said. "So now people are looking at the two companies at a pretty much equal basis."

Asked if Microsoft would be able to beat Sony with Xenon, gates said that several top employees involved with Xenon had promised Microsoft Chief Executive Steve Ballmer that Xenon would beat Sony and that he welcomed that "competitive dynamic."

Redmond, Washington-based Microsoft jumped into the gaming console business in 2001 with the Xbox, spending more than $2 billion to develop and market the machine, which it expects to become a major source of profit and revenue.
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By Gary (Email: Gary at igniq dot com)

	« Igniq.com Gaming News Gates: New Xbox has chance to be No. 1 - 3.5.05 Reuters are reporting on the Xbox 360 and comments by Microsoft CEO Bill Gates: Our goal in the last generation was to be in the game," Gates told reporters, "We came out of this round a strong number two Speaking at a meeting of the Society of American Business Editors and Writers, Gates reportedly claimed the next-gen Xbox (code named Xenon) will be as much a Media-centre as it would a games machine. Gates said that the console would have an array of features that will make the device a more versatile tool for games, music, video and pictures in the living room. "What we've got in this (next round), at some significant financial cost, was the right to play again with great credibility," Gates said. "So now people are looking at the two companies at a pretty much equal basis." Asked if Microsoft would be able to beat Sony with Xenon, gates said that several top employees involved with Xenon had promised Microsoft Chief Executive Steve Ballmer that Xenon would beat Sony and that he welcomed that "competitive dynamic." Redmond, Washington-based Microsoft jumped into the gaming console business in 2001 with the Xbox, spending more than $2 billion to develop and market the machine, which it expects to become a major source of profit and revenue. Read on Related: Bill Gates Talks Next-Gen XBox in Interview Xbox 360 Logo Revealed? Xbox 360 Controllers Compatible With Longhorn? Xbox 360 To Launch With Over 15 Games? Report on Microsoft after XBox 360 Image Leaks Leaked Pics Unveil XBox 360 Early Xbox 2 to be unveiled on 12 May MTV Special Discussion >> By Gary (Email: Gary at igniq dot com) Sponsored links: Concert Tickets Online skill games Play Online Bingo Buy Wii Games Online Best prices: PS3 (60 GB) Console Place a link here