A Microsoft executive for Xbox issues in Europe has announced that the company will have 300,000 Xbox 360s in stock across Europe when the second-generation console is launched there on the 2nd of December.
Microsoft employee Chris Lewis stated that analyst estimates of 300,000 Xbox's "were not far removed from reality" in an interview with a German business publication. The Xbox 360 was released in North America on the 22nd of November.
Sony and Nintendo have announced 2006 release dates for their next-gen gaming consoles. Source