Microsoft Corp. expects to sell as many as 3 million Xbox 360 consoles in the first three months after launching the newest version of its video game machine, the financial chief of the giant software company's Xbox business said on Tuesday.

The sales target of 2.75 million to 3 million Xbox 360 units in the first 90 days after the launch date of November 22 was outlined by Xbox Chief Financial Officer Bryan Lee at an investors' conference in New York. That target comes nearly two weeks after Microsoft cautioned that initial Xbox sales might not be as high as some in the gaming industry have expected reports Reuters