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Microsoft Corp. Launches 2 Next-Gen Xbox Gaming Consoles

By John F. Heerdink, Jr.

As per reports, Microsoft Corp (MSFT) launched its two models of its Xbox gaming console seven years after the debut of its previous version, amid the pandemic-driven boom in consumer spending on games.

The Xbox Series X which has been described as the “world’s most powerful console” by Microsoft to retail for $499.99 and Xbox Series S will sell for $299.99. The compact Series S is facing criticism for being less powerful than the Series X, due to less storage capacity and lacking advanced “ray tracing” graphics for titles like Capcom’s “Devil May Cry 5.”

Xbox will compete with Sony Corp’s PlayStation 5, which is also scheduled to launch this week. The company said it has witnessed the highest preorders for Xbox consoles across various markets, Microsoft confirmed that additional stocks would be available at launch.

Redmond, Washington-based American multinational technology company Microsoft (MSFT) develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services. To learn more about Microsoft (MSFT) and to track their progress please visit the Vista Partners Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website:www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Microsoft launches next-generation Xbox gaming consoles amid pandemic-driven demand in Reuters)


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