Microsoft: Strong Demand for Xbox Online Gaming

Reuters | at | by Mike

Software giant Microsoft said on Friday that nearly all of its online gaming systems have sold out in about one week on retail shelves, totaling some 150,000 "Xbox Live" kits. Xbox Live is an online gaming service launched last week by Microsoft, a key component in the Redmond, Washington, company's $2 billion strategy to make its video game console the center of a networked home entertainment system.

"Virtually every Xbox Live Starter Kit at retail locations across the United States and Canada has sold out in less than one week," the company said in a statement. "(The kits) will be replenished throughout the holiday season." The $50 kit includes a one-year subscription to the service, demonstrations of two games and a voice communication kit that will allow game players to talk to each other through the company's global network.