Microsoft will release the Xbox One on November 22nd, but that doesn’t mean the Xbox 360 will stop getting support. In fact, Xbox CMO Yusuf Medhi said during the Citi Global Technology Conference that Microsoft is shipping more games than ever and the Xbox Live subscription service is still growing. Eurogamer reports that he even went so far as to call the console “incredibly profitable” as it nears the last years of its life cycle.
As proof of just how much time the Xbox 360 has left, Medhi claimed that over 100 new games will ship for the 8-year-old console. Microsoft expects multiplatform games to perform very well for buyers who have yet to make the jump to the next-generation Xbox One. This is to be expected, especially considering that many of the Xbox One launch titles will also make their way to the Xbox 360.
“If you look at 360 that platform lasted for seven to eight years and it’s going to go for another three years,” he explained. “It’s incredibly profitable now in the tail. Some of these things take some time in the launch year in which you invest, and then they they play out over time.”