Microsoft says a shortage in console availability is the reason its Xbox 360 console trailed substantially behind competitors in recent U.S. sales. Yahoo! has the story.

"Our retailers are telling us that Xbox 360 is selling as fast as they can restock, but due to this high demand, Xbox 360 is experiencing temporary shortages," Microsoft said in an e-mail from its public relations firm on Friday. "We are working as quickly as we can to replenish inventory."

Leadership Skills Found in Games
Europe PS3 Sales Overtake 360
Take-Two Sues Over Pulled Ads (1)
Spielberg Focuses on Family Games
Iron Man to Compete with GTA IV (1)
Nintendo Recalls Lapel Pins for Lead
ESRB and PTA Free Webcast
New Research on Violence & Games (1)
Rumors Slowing Down Upgrades? (2)
'Q' Wii Middleware Available Now
Head Tracking without a Wiimote (3)
Miss Bimbo Stirs Up Controversy (4)
Paramount Enters Gaming (1)
Death of Consoles in 5-10 Years? (3)
Video Game Discs are Here to Stay (4)
PS3 Update for Interactive Blu-ray
Guitar Maker Sues Guitar Hero
Really Feeling the Game
Crayon Physics Deluxe Impresses
Violent Games Can Be Good For You (1)
Nintendo Criticized by Greenpeace
MN Can't Bar Kids from Violent Games (1)
Future for Gaming on an iPhone? (1)
Xbox Shortages Lagged Sales
February Game Sales Up 34% (2)