Microsoft will continue to support Xbox 360 in the foreseeable future and has also revealed that “over 100 new games” are in development for the console.
Speaking at the Citi Global Technology Conference, Yusuf Mehdi, CVP for Microsoft’s Marketing & Strategy Interactive Entertainment Business, said:
“If you look at 360, that platform lasted for 7-8 years and it’s going to last for another 3 years. [Xbox 360 is] incredibly profitable now in the tail.”
When the Xbox 360 launched in 2005 Microsoft all but abandoned the original Xbox, choosing instead to focus their efforts on the 360 and gaining a strong lead over Sony in the next console generation.
However, with a huge current-gen install base the firm seem to have realised they must continue to support loyal consumers as well as moving forward, allowing gamers to transition to the Xbox One at their own pace.
It was announced this week that the Xbox One will be released in the UK on November 22nd.