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Stock impact report

Xbox confirms new console is coming - but can it revive the brand? [Yahoo! Finance]

NINTENDO CO LTD UNSP/ADR (NTDOY) 
NASDAQ:AMEX Investor Relations: nintendo.co.jp/ir/en
Company Research Source: Yahoo! Finance
Microsoft's Xbox division has confirmed it's working on a new console, code-named Project Helix. The company said the "next-generation" device would "lead in performance" and play both Xbox and PC games, in a departure from its previous machines. Rumours have swirled for some time that the company - which upset some long-time fans when it began to release exclusive titles on rivals PlayStation and Nintendo Switch - would pivot towards a hybrid machine. Microsoft's new gaming chief executive Asha Sharma said the announcement was part of its "commitment to the return of Xbox" as a brand. What is Project Helix? The Project Helix news was light on details, but sparked big questions. Although the announcement hinted at a powerful, next-generation machine, it didn't give any hint of its planned specifications nor reveal what it will look like. There was no mention of price - something that remains a big concern as prices of vital RAM and storage devices used in hundreds of el Show less Read more
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