Hot stocks to watch this afternoon: GPRO, HAS, MU >>> READ MORE

Sony PlayStation 4 Sales Top 2.1M

It launched in more markets last week


It’s looking like a very happy holiday shopping season for Sony (SNE).

sony playstation 4 630
Source: Flickr

On Tuesday, the Japanese electronics giant announced that its next-generation PlayStation 4 gaming console, which hit stores in the U.S. on Nov. 15, has now sold more than 2.1 million units worldwide. The console has sold 700,000 units across Europe and Australasia since it launched in those markets last week, Reuters notes.

4 Things to Know About Sony’s PlayStation 4
4 Things to Know About Sony’s PlayStation 4

The PlayStation 4, which competes with Microsoft’s (MSFT) new Xbox One, reportedly sold 1 million units during the first 24 hours after it became available in the U.S.

Not to be outdone, Microsoft announced last week that the Xbox One had generated similar sales when it launched in 13 markets on Nov. 22.

Sony has set a sales target of 5 million units for the PlayStation 4 by March even though it won’t go on sale in its home market of Japan until February.

Shares of Sony sank about 1% in Monday morning trading.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC