Three New Versions Of Xbox From Microsoft Corporation (NASDAQ:MSFT)

Posted by Ryan Mandell October 13, 2013 0 Comment 1796 views

Microsoft Corporation (NASDAQ:MSFT) has announced 3 new bundles for its Xbox 360. These new bundles will be launched in the holiday season. The company has revealed that 2 of these bundles have a $299 price tag and include a 250GB system. This includes a Halo 4 & Tomb Raider copy. Alternatively, people can buy a 4GB system with Kinect Sports or Kinect sensor-Season Two & Kinect Adventures.

The launches

The 3rd option is the bundle that is priced at $399.99.  It features a 250GB console, Kinect Sports: Season Two & Kinect Adventures and the Kinect sensor. It will also have a Forza Horizon copy. All these bundles have 1 month of Xbox Live-Gold service. What is a little puzzling is that the Xbox One that is slated for a November release is priced fractionally higher at $499.

Thus it is not very clear why the company has packaged a version that is to be replaced soon, at $399. For hardcore gamers who have been eagerly waiting for the Xbox One, the launch is right round the corner with its 22 November launch. In North America, it will retail for $499 while the Sony PS4 is all set for a 15 November launch, at $399.00.

Friday’s trading

In Friday’s trading, Microsoft Corporation (NASDAQ:MSFT) rose by 1.10%. The opening price of the shares was $33.68, which climbed to an intraday high of $34.14 and dipped to a close of $34.13. Approximately 30.03 million shares were traded on Friday while an average volume of 54.27 million shares were traded over a 30 day period. The 52-week low of Microsoft Corporation (NASDAQ:MSFT) shares is $26.26 and its 52-week high is $36.43. The company has a market capitalization of $285.35 billion.

About the company

Microsoft Corporation (NASDAQ:MSFT) is involved in the development, licensing and support of a variety of software services and products.

About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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