Xbox 360 Has Five Years Of Life Left, Says Microsoft

Microsoft has announced that its Xbox 360 games console has five more years of life left in it.

According to the European head of Microsoft's gaming division Chris Lewis, by introducing Kinect, Microsoft extended the life span of the gaming device by five years.

In a statement to Business Week at the Gamescom gaming conference in Germany, Lewis said that the company has been trying to enhance the shelf life of the console by introducing new features and peripherals.

“Kinect really gives us, I think, a very genuine additional five years. What Kinect does is broaden us out to users that we weren’t addressing in the past,” Lewis said.

Sony has also said that the company will continue to sell its PlayStation 3 console for the next five years as well.

Microsoft and Sony are set to compete with each other to capture some of the motion sensing gaming market, currently held by Nintendo, with the future release of both Microsoft's Kinect and Sony's PlayStation Move peripherals.