Wednesday, July 16, 2014
Xbox One Production May Slow Or Stop, MS CFO Says

Xbox One Production May Slow Or Stop, MS CFO Says

Microsoft may slow down the production of Xbox One consoles — or even bring it to a full halt, until inventory — consoles already at retailers, have been sold.

“We do expect to work through some inventory in Q4,” said Amy Hood, Microsoft CFO, during an investors call, referring in this case to the period between April 1 – June 30, 2014. She also referred to “channel inventory drawdown for Xbox consoles.”

Microsoft recently announced that it had shipped about 5 million Xbox One units, but about 800,000 are now sitting in stores around the U.S. according to recent estimates.

Via Gamasutra.

About Ernice Gilbert

Ernice Gilbert here. Founder and Editor-In-Chief of Gamesthirst. Thanks for stopping by, make yourself at home!