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Analysts predict that sales of the new game console will make 55 of Xbox 360's first year sales at the time of launch; it has the potential of getting a smash hit. Redmond hopes that the new Xbox 720 will act as a positive catalyst for the company, and place the company on the top of the "food chain".
This will make Microsoft the undisputed master of the game console market, earning more revenue and profits than any of its competitors. Investors hope that the new Microsoft's Xbox 720 would accelerate the company's recovery from falling revenue due to the slowing of the PC industry. Being the world's most popular; Xbox 360 has achieved a huge milestone, the first and probably the fastest in the industry, crossing the 70 million barrier beating rivals like Nintendo and PlayStation in the market.
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