Microsoft Sells 2.5 Million Kinects (MSFT)

Microsoft Corporation MSFT in 25 days has sold more than 2.5 million of its motion-controlled Kinect video game systems globally, the software company said Monday. Sales forecasts are tracking toward 5 million this holiday shopping season. The Kinect sold well on Black Friday, which officially starts the holiday shopping season, according to a Target TGT executive. A Reuters report notes that "Microsoft's new device, which hooks up to the company's Xbox console, lets gamers control movements on-screen by gestures and voice commands. It competes with the latest version of Nintendo's Wii system and Sony's SNE PlayStation Move device." Shares of Microsoft gained $0.06, or 0.24%, to close at $25.31 Monday.