Sony Exceeds Target By Selling 5.3 Million Playstation 4 Consoles

Sony has claimed to have sold 5.3 million PlayStation 4 game consoles as of February 8, which surpasses its full-year target ahead of its release in Japan next week. The console will go on sale in Japan on February 22.

Sony had set a target to sell 5 million units by the end of March after releasing the PlayStation 4 on November 29 in the United States, Western Europe and Latin America and rolling it out across other Asian countries since then.

Microsoft said in January that it had sold more than 3 million of its Xbox One console by the end of December.
Experts say, that prices and easy availability have been a contributing factor for high sales. The Microsoft Xbox One console is priced at $500, while the Sony PlayStation 4 is priced a $100 less, at $400. The availability of Sony PlayStation 4 is also wider than its rival, as the PS4 is currently available in 53 countries and territories, while Xbox One is currently available in 13 countries only.

Sony at CES 2014 also announced its game streaming service, PlayStation Now, which will enter public testing phase next month in US and will be launched in mid-2014. The service would let the gamers access and play various titles via the cloud on a number of devices including the PS3, PS4, smartphones, tablets and others which will expand over time.

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