Tuesday, September 16, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft To Hold Next-generation Windows Event
Apple Lets You Remove U2's Gift Album From iTunes
Phones 4u Files For Administration
New DisplayPort 1.3 To DRive 5K Displays
Microsoft to Buy Minecraft maker Mojang
Pre-orders for New iPhones Top Four Million in First 24 Hours
Panasonic Reveals The Lumix DMC-LX100, Lumix DMC-GM5 Cameras And the DMC-CM1 Smartphone
Canon EOS 7D Mark II, PowerShot G7 X, PowerShot SX60 and PowerShot N2 Cameras Unveiled At Photokina
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Games > Sony's ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 31, 2005
Sony's PSP selling well but not sold out - analyst


Sony Corp.'s new handheld video game unit, the PlayStation Portable, is selling well but is far from sold out at stores nationwide, an analyst said on Thursday

One week after the $249 PSP package was launched in the United States, American Technology Research found that only 50 of 150 stores surveyed nationally in the last two days were sold out. Another 15 stores had three or fewer units left.

Sony pushed hard to have as many as 1 million units available for the U.S. launch, postponing the device's European debut indefinitely so it could have enough hardware to meet that U.S. goal. Supplies have been thin in Japan as well, where the PSP debuted in a frenzy late last year.

The PSP, which also plays movies and music in addition to games, is Sony's first entry into handheld gaming, a market controlled since 1989 by Nintendo Co. Ltd. . Nintendo's established Game Boy Advance SP sells for $79, and its new dual-screened DS sells for $149.

Analyst P.J. McNealy said the specialty gaming retailers have already sold through two waves of hardware, but "big-box" retailers like Target Corp. and Wal-Mart Stores Inc. got more units than expected at launch and have inventory remaining.

McNealy estimated the PSP sold as many as 575,000 units in its first week, with up to 300,000 left in the inventory channel.

"The PlayStation Portable (PSP) has been solid but not spectacular. We believe that the PSP launch, while not the blow-out event expected, will be considered successful as retailers continue to sell through existing inventory levels," McNealy said in a note.

With sales of console games slowing as manufacturers prepare for the next generation of game hardware, the industry is counting on the handheld market to pick up much of the sales slack in calendar 2005. Most analysts expect U.S. software sales growth to be flat to up 5 percent this year.


Previous
Next
Pioneerindustrialav.com goes live        All News        Sony's Cell chip to battle NVidia and Intel?
Half a million DS units sold in Europe     Games News      Sony and Nintendo to battle mightily for handheld game supremacy

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Smart EyeGlass Prototype Appears At IFA
New Sony Camera Shoots In The Dark
Sony Unveils New Xperia Z3, Z3 Compact And More at IFA
Sony PSN Back Online
Sony Offers New Smart Tennis Sensor
Sony Debuts Ultra-Compact a5100 Interchangeable Lens Camera
Sony, Huawei, Microsoft To Announce New Smartphones at 2014 IFA
Sony And Best Buy To Jointly Boost 4K Content
Sony Bravia S90 TV With Curved Screen Coming In Europe
Sony Releases The AS20 Action Cam, New Cyber-shots
Sony Reports First Quarter Profit
Sony Settles 2011 PSN Hacking Case

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .