June 22, 2010

Some Retailers Offering Xbox Kinect Preorders

Retailers across the country have begun taking orders for Kinect, Microsoft's new controller-free add-on for its Xbox video game system, according to a recent Reuters report.

Kinect can be preordered through major retailers for $149.99 although Microsoft has not officially named a price for the gadget yet.

The motion-sensing device, which is slated to go on sale November 4, can be preordered online at Best Buy, Game Stop and Amazon. Wal-Mart is also offering the device for about $1.50 less.

A spokesperson for Microsoft told Reuters on Monday that the company has not said how much Kinect will cost and has not given retailers any details on pricing.

Microsoft is looking for the controller-free gadget to spark sales momentum into its Xbox system before the critical holiday season. The company hopes to lure in new and casual gamers to the Xbox, and take some thunder away from its rivals, Nintendo Wii and Sony PS3.

Since its 2005 release, Xbox has sold some 40 million units -- more than PS3, but far less than Wii.

Analyst Colin Sebastian of Lazard Capital Markets had expected a price range for the Kinect to be between 100 and 150 dollars, although a price tag of up to $200 is not out of the question, according to some analysts.

The system was first introduced as "Project Natal" at the E3 video game conference a year ago, and was officially named Kinect at this year's E3 meeting in Los Angeles.


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