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Reports on consumer confidence, GDP tug at stocks
Facebook creates dual-class stock structure
Consumer group warns about toy hazards
Americans gloomy on economy heading into holidays
Banks earn $2.8 billion in third quarter; insurance fund in the red
Akron, Summit County jobless rates increase
Home prices rise for fourth month in a row
Most Read Stories
2 men shot during party in Fairlawn
Several people hurt in Akron crash
Cancellation of Christmas not an option
Akron man killed in crash on his street
Victim of beating in Kent last week is declared dead at Akron hospital
Police: Pennsylvania man killed misbehaving puppy before Steelers game
Akron Circle K store robbed for second time this month
KSU suspends basketball player
Akron Children's Hospital CEO, wife announce $1 million gift to support research
Blogs:
Pets:
A Dog Named Christmas – Pet for the Holidays
The Heldenfiles:
Viewing Notes
Patrick McManamon:
Of pass interference and alleged "fake" injuries
Akron Zips:
No. 1 Akron to play Stanford next
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Audio: Mangini disputes Poteat call, accuses Lions of faking injuries
Kent State Sports:
Flashes travel to Florida Atlantic
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
Buckeye Football – Present and Future
Varsity Letters:
Gulley to visit Central Michigan in December
All Da King's Men:
The Onion, By Any Other Name…
Blog of Mass Destruction:
Glaring Contradictions
Akron Law Café:
Don't Try to Have Fun if you are Depressed
See Jane Style:
Vintage Chic
Car Chase:
What Automotive Thing Are You Thankful For?
Let's Talk Real Estate:
Tasty Confections Coming to Beachwood
Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – Why I am Glad I live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
Launch of best-selling game might help overtake Wii sales
By Dina Bass Bloomberg News Service
Bloomberg News Service
Published on Wednesday, Sep 26, 2007
Microsoft Corp. took the lead in video-game players after it introduced the Xbox 360 in November 2005, five years after entering the business. Now the world's largest software maker is banking on another new product to stay No. 1.
With Nintendo Co.'s Wii threatening to topple the Xbox by year-end, Microsoft is looking to Halo 3, the latest version of the best-selling Xbox series, to rekindle interest in its console. Halo 3, an alien-blasting game aimed at teens and young adults, went on sale Tuesday.
''It's going to be close,'' Microsoft Chief Financial Officer Chris Liddell said.
Microsoft grabbed the lead in the latest generation of game consoles by selling its Xbox 360 a year before rival machines. A year later, Nintendo introduced the Wii, which surprised executives and analysts with its family appeal.
Wii has outsold the Xbox in the United States in each of the 10 months it has been on the market, according to New York researcher NPD Group Inc.
Through June 30, Microsoft said, it sold more than 11.6 million Xbox 360s, short of its initial forecast of 15 million. Nintendo said it sold 9.3 million of its Wii players.
Microsoft says it has big hopes for Halo 3, which sells for $59 to $129.
At stake is more than bragging rights. Microsoft has pledged to turn a profit in the Xbox division in the fiscal year that began in July, following $7 billion in losses since the first Xbox was sold in 2001. The Xbox division accounted for 12 percent of Microsoft's $51.1 billion in sales last year.
Microsoft Corp. took the lead in video-game players after it introduced the Xbox 360 in November 2005, five years after entering the business. Now the world's largest software maker is banking on another new product to stay No. 1.
Get the full article here.
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