Microsoft Sells 2.5 Million Kinects (MSFT)


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Microsoft Corporation (NASDAQ: MSFT) in 25 days has sold more than 2.5 million of its motion-controlled Kinect video game systems globally, the software company said Monday.Sales forecasts are tracking toward 5 million this holiday shopping season.The Kinect sold well on Black Friday, which officially starts the holiday shopping season, according to a Target (NYSE: TGT) executive.A Reuters report notes that "Microsoft's new device, which hooks up to the company's Xbox console, lets gamers control movements on-screen by gestures and voice commands. It competes with the latest version of Nintendo's Wii system and Sony's (NYSE: SNE) PlayStation Move device."Shares of Microsoft gained $0.06, or 0.24%, to close at $25.31 Monday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsEventsGlobalKinectReuters