US 360 shortage acknowledged by Microsoft


After weeks of reports that Xbox 360s were nowhere to be found in the United States -- we've been discussing it on the Fancast for about a month now -- Microsoft has finally owned up to it. Speaking to Reuters, Microsoft's head of global marketing and comedian extraordinaire Jeff Bell cleared the air saying, "you could say we misjudged demand." Bell noted that many retailers have no stock at all, and in fact are dismayed by the state of affairs. Bell even says that 360 sales are likely to see a dip for January and possibly February, but he expects that Microsoft will be able to meet demand as spring approaches. We won't have to wait too long to find out just how much the shortage affected Microsoft's sales either, as NPD numbers are expected to drop later today. You can bet we'll be here to report them when they do.

For the moment, at least, it seems that any rumors of a new 360 model (or a new SKU entirely) have been put to rest.

[Via Joystiq]

Tags: 360-shortage, business, jeff-bell, shortage

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