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Microsoft Sells 2.5 Million Kinects (MSFT)

Microsoft Sells 2.5 Million Kinects MSFT

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.

Posted-In: Kinect ReutersEarnings News Events Global


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