Monday, September 7, 2015

Sony (SNE) PS4 Sells 1 Million Units In Middle East


Sony’s latest console, PlayStation 4, has managed to move a million consoles in the Gulf states






Sony Corporation (ADR) (NYSE:SNE) has revealed that its PlayStation 4 has managed to sell one million units since it was launched in December 2013 in the Middle East. The announcement came via the Twitter account of Shuhei Yoshida, President of Worldwide Studios at Sony Computer Entertainment America, who congratulated all the fans in the Middle East by re-tweeting an article from IGN Middle East.





The PlayStation 4 was launched at the end of 2013. As of yet, it has sold 25 million units worldwide. The PlayStation 4 is now the fastest selling console of all time and also holds the record for the highest number of units sold in the first 24 hours of launch. It has earned tremendous success and market share, due to which multiplatform games have a system as the lead platform for development.

Microsoft Corporation’s (NASDAQ:MSFT) Xbox One is relatively slower in saless. The system saw a rough start, but Microsoft has done everything in its power to reverse what it did wrong with the console and has taken steps to revive sales. But even with steps like 50$ price-cut to the most first-party exclusives coming out in Holiday 2015, Xbox One is still lagging in sales. Last official numbers put Xbox One at 10 million units sold-to-retailers, and while Microsoft has not revealed how many systems it has sold, estimates put Xbox One at 12-13 million units sold-to-consumers.

This is almost half of what PlayStation 4 has managed to sell. The Xbox One was released in the Middle East months after the PlayStation 4, and hasn’t had the same kind of momentum in the region. Despite Microsoft’s efforts, the PlayStation 4 holds the lead in global sales.

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