Xbox 360 Surprises in Head-to-Head Battle, Beating PS3 in Unbiased Comparison

Strategic Insights -

Microsoft's Xbox 360 handed Sony's PlayStation 3 a shocking defeat in a recent head-to-head comparison, further fueling the heated competition in the video game console market. The unpredicted outcome has significant implications for both companies, as the PlayStation brand currently dominates the market with over 60% of consoles in use. The Xbox 360's impressive performance was witnessed by cameras from CNBC and BET, as well as a multitude of reporters from magazines and newspapers, making the results even more noteworthy.

Key Takeaways:

  • Xbox 360 delivered a convincing beat-down to its highly sought-after rival, PS3, in a totally unbiased side-by-side face-off on H3TV.
  • The PlayStation brand currently dominates the market with over 60% of the consoles in use, while the Xbox 360 owns less than 20% of the market share.
  • H3 Enterprises, Inc. (OTC: HTRE) reported the unexpected outcome, which has significant implications for the video game console market and both companies involved.
  • Muhtar Kent was appointed as Coca-Cola's president and chief operating officer, responsible for all of the company's operating units worldwide.
  • TD Ameritrade Holding Corp. (NASDAQ: AMTD) reported 248,000 average client trades per day for November, with 32,000 new accounts opened and 12,000 accounts closed.
  • Lloyd Braun, television veteran, left Yahoo! Inc. (NASDAQ: YHOO) after his role was diminished in a company-wide reorganization that placed his group into a newly created division.
  • Stocks declined for a second straight session, with investors growing nervous ahead of the government's November jobs creation report.

Statistics:

  • Xbox 360 beat PS3 in a head-to-head comparison, marking a significant upset in the video game console market. (Source: H3 Enterprises, Inc.)
  • The PlayStation brand has over 60% of the consoles in use, while the Xbox 360 owns less than 20% of the market share. (Source: H3 Enterprises, Inc.)
  • 248,000 average client trades per day for November were reported by TD Ameritrade Holding Corp. (Source: TD Ameritrade Holding Corp.)
  • 32,000 new accounts were opened, and 12,000 accounts were closed by TD Ameritrade Holding Corp. in November. (Source: TD Ameritrade Holding Corp.)
  • Muhtar Kent's appointment as Coca-Cola's president and chief operating officer is effective immediately. (Source: Coca-Cola Co.)

Sources:

  • H3 Enterprises, Inc. (OTC: HTRE)
  • Coca-Cola Co. (NYSE: KO)
  • TD Ameritrade Holding Corp. (NASDAQ: AMTD)
  • Yahoo! Inc. (NASDAQ: YHOO)
  • M2 PressWIRE