Update: Clarified Kim's remarks to Reuters on Microsoft cost savings.
Chatting with Reuters, Microsoft's big man Shane Kim is optimistic about holiday sales but warns that next year, the Xbox and the games industry as a whole may experience "tough times."
Chatting with Reuters, Microsoft's big man Shane Kim is optimistic about holiday sales but warns that next year, the Xbox and the games industry as a whole may experience "tough times."
"While they [consumers] may cut back on large purchases like automobiles or appliances, they're still looking for entertainment," admitted Kim, but acknowledged unpredictable economic conditions going into 2009 may affect the industry. So, to be safe, Reuters reports that Kim and company will be "assessing where costs could be saved due to the economic uncertainty." Sounds like something we're all doing.
[Via CVG]
