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By Catholic Online (NEWS CONSORTIUM)

11/18/2013 (1 year ago)

Catholic Online (www.catholic.org)

Sony Corp announced previously it received more than one million advance orders

Things must be doing much better economically in North America. After meeting all the essential, both Americans and Canadians have to have their toys. Sony Corp. has announced that it had sold one million units of its new PlayStation 4 gaming console in the first 24 hours.

Priced at $399 in the United States, PlayStation 4 and the Xbox One, which costs $499, offer improved graphics for realistic effects, processors that allow faster game play and a slew of exclusive video games.

Priced at $399 in the United States, PlayStation 4 and the Xbox One, which costs $499, offer improved graphics for realistic effects, processors that allow faster game play and a slew of exclusive video games.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

11/18/2013 (1 year ago)

Published in Business & Economics

Keywords: PlayStation 4, Xbox, sales, U.S., Canada


LOS ANGELES, CA (Catholic Online) - Sony is depending on the latest version of the video game to revive its consumer electronics business. The item went on sale on November 15.

"Sales remain very strong in North America," Andrew House, the head of Sony Computer Entertainment, the unit of Sony that oversees PlayStation, said in a statement. "We expect continued enthusiasm as we launch the PlayStation 4 in Europe and Latin America on November 29," House said.

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Sony Corp had previously announced it had received more than one million advance orders for the console. The most substantial sales figures are Sony's first salvo in a battle brewing with Microsoft Corp's Xbox One console, which goes on sale Nov 22.

Sony is counting on the console to build a platform for recovery at the Japanese company's money-losing consumer electronics operations.

Sony says it intends to sell five million PS4 units by the end of its fiscal year, which ends on March 31. Robert W. Baird & Co analyst Colin Sebastian has said he expects 2.5 million to 3 million PS4 shipments in the fourth quarter in North America.

Priced at $399 in the United States, PlayStation 4 and the Xbox One, which costs $499, offer improved graphics for realistic effects, processors that allow faster game play and a slew of exclusive video games.

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