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New study says that 42% of American adults are planning team is or are hoping to receive.
I've been in this holiday season.
Will that drive demanded an industry that's finding 18% sales declined just last month and a first on fox isn't that -- can't use the corporate vice right.
Microsoft's interactive entertainment.
Good morning -- -- to seal.
Dialect -- must be written it seems you and I always get together this time of year we talk about.
Xbox and gaming and sales first -- all month of October pretty ugly for the industry.
How has November look thus far.
-- were pretty excited about how the holiday season is shaping up the week before.
The Thanksgiving week actually turned out to be very significant week for us as a lot of retailers were starting to already promote Xbox-360.
-- the anecdotal evidence from a black drive Black Friday from our retail partners.
Has been very puzzle we actually think lot of partners are looking at business.
Two times the previous week so we're very excited about the momentum that we have going into the -- day.
-- tilt up two times the previous week when things started to pick up in mid November but.
I'd look at some stories this morning one of them from VG -- videogames chart which is suggests -- Xbox sales actually.
Last week we're down 35%.
Is that true or not because it sounds like the -- the PS3 did very well last week.
-- -- haven't seen that -- -- we solar wind for the data the coming from Black Friday but again.
Our partners are telling us are super excited and am very pleased with the traffic in the sailboat -- for exports through six is -- that -- six game.
What could be things you guys decided in late August -- he said we're gonna cut practicing cup pricing by actually a hundred bucks on the Xbox-360 console.
He -- for business you have to remain or become more competitive this holiday season and that means you can have cut prices.
Well I think.
Would always trying to be as competitive as we -- we've certainly have benefited for a long time from having the lowest priced console market with -- 199 dollar version of Xbox-360.
For us it's not just about cutting prices however it's it's about.
How to we don't do it deliver as much value as possible to consumers so be able to offer the Xbox-360 elite 299 dollars is a tremendous value.
For consumers especially given the economic situation.
For all those gamers out there you guys are revolutionizing the way people would use the console.
FaceBook Twitter Netflix more interactive downloading music.
Is this going to be the system that you hope that everybody uses in their home to be fully interactive whether it's on Internet or in movies.
Certainly we have believed that all entertainment will eventually become interactive.
Netflix when we launch that.
Was a tremendous partnership for us really was very successful for both us -- for Netflix and we're seeing the same things now with FaceBook Twitter.
Last found etc.
We're very excited about we batted Zune instant streaming 1080 Ph.D.
Video service now the Xbox Live so.
It's not just about the -- -- but all the entertainment that you can enjoy.
She -- you're you're leaving at the end of the year a little sad about that we can't go through this ritual for the next couple years what do you have had to go dale.
Well hopefully I'll get to be -- consumer and enjoy a lot of the great stuff that would living with Xbox-360 and Xbox Live can you tell me or can you tell me your favorite game now -- I mean come on you're almost out the door.
No it's still -- even though Microsoft makes but I will admit that.
Our family really do -- when rock band together.
Good I saw commercials for the rock -- Lego scheme.
I thought that was really cool occasion like that change him that's very much happy holidays great team.
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