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Microsoft misses 12 million Xbox 360 shipment target

In a conference call, Microsoft CFO Chris Liddell indicated that the company failed to reach its Xbox 360 shipment target of 12 million units by June 30th.

Peter Moore has confirmed to GamesIndustry.biz that Microsoft failed to meet its 12 million shipment target for Xbox 360, but said the company is optimistic about the coming holiday season.

In a conference call, Microsoft CFO Chris Liddell said 11.6 million Xbox 360 consoles were shipped by the deadline of June 30. Before downgrading its estimate to 12 million, Microsoft initially announced 13-15 million units would be shipped.

Liddell acknowledged that the figure is slightly shy of projections, but said Microsoft is still "happy with that number". He also stated that Microsoft expects its Xbox and entertainment and devices division to turn a profit for the 2008 fiscal year.

Liddell's comments were echoed by Moore in an interview following the announcement. He told GI.biz, "On the state of the business, we feel really good about that.

"A lot of what we're going to talk about at E3 next week is about the games line-up, and we feel really good about our line-up, both first party and third party, and what we've got to offer this holiday.

"It is going to be a tremendous holiday," he continued. "Hopefully, people will recognise and respect what we've done."

The full interview is now on GamesIndustry.biz.