Playstation 4 Sells 1 Million Unites On Launch Day

Image via Sony

The Playstation 4 game console was released on November 15th, and sold more than 1 million units on that day alone in the United States and Canada. People lined up at stores at midnight to get it as soon as possible.

PS4 was designed with an unwavering commitment to gamers, and we are thrilled that consumer reaction has been so phenomenal,” said Andrew House, President and Group CEO at Sony Computer Entertainment, Inc. “Sales remain very strong in North America, and we expect continued enthusiasm as we launch the PlayStation 4 in Europe and Latin America on November 29. We are extremely grateful for the passion of PlayStation fans and thank them for their continued support.”

The PS4 is moving at a much faster pace than its previous version, which took two months to reach sales of one million units, and was still Son’y fastest selling console.

TechInsights offered some estimates on why Sony is cashing out even bigger on the PS4 as opposed to its predecessor. According to its estimation of product parts, Sony is making $100 for each PS4, while it was losing $88 for each unit of the PS3. Still, other estimates aren’t as generous, and think Sony’s profit will come from buyers who purchase a game or two with the console.

Playstation 4’s competition is the XBox One, which will be released this Friday. Though they’ll be competing, there isn’t much difference between them—aside from the XBox’s motion sensor—the competition will be fierce. When the PS3 was released, it was priced $200 more than the XBox 360, but now, with the PS4 being $200 cheaper than its previous model, it’s a tough call.