Microsoft Corp. said sales of the new Xbox One video-game console reached more than 2 million in its first 18 days on the market, as the company vies to keep pace with Sony Corp.’s PlayStation 4 during the holiday season.
Microsoft Corp. will release the next version of its Xbox console in 2013 at the earliest, as the company squeezes at least one more year of sales out of its current model, said two people with knowledge of the matter.
Microsoft Corp. unveiled its first new Xbox in almost eight years, seeking to position the console at the center of games and home entertainment against a growing roster of competitors that includes Apple Inc. to Facebook Inc.
U.S. retail sales of video-game software, hardware and accessories rose 9 percent to $834.7 million in January, aided by an extra week compared with a year earlier, according to market research firm NPD Group Inc.
Forty years after Pong bounced across screens to kick off the video-game era, Electronic Arts Inc. is struggling to adapt to the shifting nature of play, as gamers abandon high-priced consoles for tablets and smartphones. Now, the company has a plan.