Microsoft sees Xbox 360 in driver's seat

C|Net | at | by Mike

Although some have suggested that the upcoming PlayStation 3 might have a more powerful engine, Microsoft chairman Bill Gates said he's happy with the Xbox 360.

"Our view is basically we've got a Ferrari, they've got a Ferrari," Gates said in a question-and-answer session at Thursday's meeting with financial analysts. "Our Ferrari is leaving the starting line substantially before their Ferrari is, and in most races that's a very nice thing." Microsoft's Xbox 360 is due to go on sale this holiday season in the United States, Europe and Japan. Meanwhile, Sony's PlayStation 3, with its powerful Cell processor, is slated to arrive next spring.