Microsoft Launches Next Generation Xbox Gaming Console amid pandemic driven demand. The company released two models of the gaming console. Microsoft sees the Xbox series X as the most powerful gaming console across the globe.
Being the first time the company launched its gaming console globally on the same, it was said to have the highest preorders for Xbox consoles all over the markets. The company said that the initial supply of pre-orders was sold out fast, and additional stocks will be available at launch.
For more detail on the next generation gaming console launch, read the section under.
Microsoft Launches Next Generation Xbox Gaming Console
According to Reuters Microsoft Corp on Tuesday released two models of its Xbox gaming console, seven years after the debut of the previous version, that is to capture a pandemic driven boom in consumer spending on games.
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However, the Xbox Series X; which Microsoft described as the world’s most powerful console will retail for $499.99(379.1 pounds). And a lower priced Xbox Series S will sell for $299.99.
The strategy offers consumers greater choice but the compact Series S faces criticism for being less powerful than the Series X, with lower storage capacity and lacking advanced “ray tracing” graphics for titles like Capcom’s “Devil May Cry 5.”
Nevertheless, Xbox will compete with Sony Corp’s (6758.T) PlayStation 5, scheduled to launch on Thursday. PS5 is widely seen as leading the console race due to its larger fan base. And a broader range of exclusive gaming titles available at launch.
Analyst Maurice Klaehne at research firm counterpoint said “there were some early supply chain issues in Q1/Q2. Due to Chinese manufacturing plants shutting down due to Covid, but these have since been operating normally again.” Microsoft Launches Next Generation Xbox Gaming Console.
Moreover, Xbox is viewed as lacking killer launch titles. With the latest Halo game in the flagship series pushed back to next year as the pandemic hit development.
Ryan Cameron, director at Xbox, EMEA said that “Each studio is facing unique challenges and constraints depending on its particular location, and many of our external development partners around the world are similarly affected.” Microsoft Launches Next Generation Xbox Gaming Console.
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