Xbox 'Series S' Early Interest Could Ultimately Tell Us More About Economy Than Dow Futures
As TechCrunch and others have reported over the last day, Microsoft’s Xbox gaming system rollout won’t be stopped by COVIDpocalypse — a new generation of the Xbox is expected out later this year.
Specifically, Xbox fans can expect the new Xbox Series S to hit stores by mid November, with an expected US $299 price point.
It is a small white box, smaller form factor and more sleek than prior generations of the Xbox.
Ultimately — not financial advice, just my personal view here — the fact that Microsoft Corp was able to stick to its 2020 deadline for a new gaming system, despite earlier rumors it and other video game platforms such as Sony’s PlayStation would be left in a COVID-related freeze due to delays in the production chain, is a good sign for the economy… and the strong interest from people searching for the new Xbox Series S bodes well for the “real world,” or Main Street, economy that’s always somewhat divorced from Wall Street. Perhaps more than Dow futures or how positive or negative the carnival barkers on CNBC sound today or tomorrow, what matters is that a huge American software company is rolling out its next gaming platform, and the world is stoked…
I mean, if we’re going to be stuck inside all day anyway until COVIDpocalypse ends, why not have a new gaming system?