Microsoft (MSFT) Plans Sept. 2014 Launch of Xbox One in China
Get Alerts MSFT Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +14.0%
Join SI Premium – FREE
Microsoft's (Nasdaq: MSFT) Xbox One has been a pretty big hit so far, as one might expect, but sales have come despite the company missing out on one key market: China.
Re/code reported late Tuesday that Microsoft plans to release the Xbox One in China this September.
Microsoft also posted a video (embedded below) of the announcement shortly after Re/code's report.
The launch would come some 10 months following the gaming console's November 2013 debut in the U.S. and other select markets. Notably, segment peer Sony (NYSE: SNE) didn't release its PlayStation 4 (PS4) console into Japan until last February, while Microsoft has also trickled the Xbox One into different markets over a number of months.
Shares of Microsoft are down 0.5 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OpenAI annual recurring revenue approaches $70B mark - Axios
- Active options: MSFT MU AMD AVGO BE GOOGL CRWV SOFI NFLX CCL
- After-Hours Movers: GOOGL, MU, CEG, NU
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share