"History has shown us that the first company to reach 10 million in console sales wins the generation battle," Don Mattrick, a Microsoft senior vice president who heads the company's Xbox business, said in a statement.
The Xbox's impressive sales figures were likely helped by the build up to the April 29 release of Grand Theft Auto IV following a highly-controlled PR effort last month. Last year Microsoft also launched a multimillion-dollar marketing push around Halo 3 for the Xbox 360 and helped generate a record-setting $170 million in sales for the property. But while the Xbox dominates US sales, the Wii is the current global winner - having sold 25.8 million units worldwide compared to 18.9 million units for the Xbox.
Former-presidential candidate John Edwards offered his long-awaited endorsement yesterday to Barack Obama. The nod is expected to raise Obama's appeal among blue-collar workers.
Traffic on Twitter explodes but can it rival other social networking sites for dollars and eyeballs?
Another image crisis looms for the cardiovascular drug industry. Bayer AG is removing remaining supplies of its heart-surgery drug Trasylol from the U.S. market after a study found it raised the risk of death compared to two alternatives.
Republicans reshape their message to match American public's appetite for change.
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