PS2 Shipments Top 60 Million!

Deepak

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LONDON (Reuters) - Sony Corp (NYSE:SNE - news) (news - web sites). on Tuesday announced global cumulative shipments for its PlayStation 2 (news - web sites) video game console topped 60 million this month, reaffirming its place as one of the most successful consumer brands ever.

Sony also gave a rare insight into its manufacturing capabilities, saying it would increase production of the console to more than 3 million units per month through year-end 2003 to meet anticipated strong Christmas demand.

"We're looking to sell a significant number this Christmas," a London-based spokesman for the video game division, Sony Computer Entertainment, told Reuters on Tuesday.

The continued strong sales momentum of the three-year-old console all but buries the on-again-off-again speculation that the No. 1 videogame maker will institute a second price cut this year to stoke sales, observers said. :cry:

In many markets, Sony has expanded its lead on rivals Nintendo (news - web sites)'s GameCube and Microsoft's Xbox (news - web sites) as the console has established its place as the brand of choice among gamers.

Last month, Sony's European video games chief told Reuters the group expected to reach an installed base of 22 million PlayStation 2 consoles in Europe, the Middle East, Africa and Australia by the end of its fiscal year in March, 2004.

As of Sept. 6, Sony said it shipped 14.17 million PlayStation 2 units to Japan since its March, 2000 launch; 26.4 million units to North America since its October, 2000 debut and 19.4 million units to Europe, Middle East, Africa and Australia since its November, 2000 launch.

PlayStation 2 has out-shipped its best-selling older sibling, PlayStation, at this point in its life cycle by a margin of 60 million units to roughly 37.5 million units, the company said.
 
Sony will drop thier price. Esp if ms drops thiers. But if for some reason they don't it will only help ms and nintendo. Most of all nintendo.
 
The continued strong sales momentum of the three-year-old console all but buries the on-again-off-again speculation that the No. 1 videogame maker will institute a second price cut this year to stoke sales, observers said.

What does PS2 selling well have to do with Nintendo not dropping there prices?.. or were they talking about EA :LOL: Seriously, in which world is Sony the no. 1 videogame maker?
 
I wish to highly encourage ALL manufacturers to drop their price. In fact, $9.95 or so sounds quite reasonable to me. They don't have to leave it there for too long, mind you, but they should give me plenty of warning to head to the stores... :D
 
Teasy: Yeah, it's a little weird for us gamers.. but I've seen a lot of business magazines refer to consoles as "videogames".
 
As of Sept. 6, Sony said it shipped 14.17 million PlayStation 2 units to Japan since its March, 2000 launch; 26.4 million units to North America since its October, 2000 debut and 19.4 million units to Europe, Middle East, Africa and Australia since its November, 2000 launch.

Interesting that Japan is such a smaller market now, greatly behind NA and slightly behind Europe (which was always #3).
 
There are only so many toys 127 million before can buy. :p

Percentage-wise, they're still a lot higher than the other markets.
 
Keep in mind those regional numbers don't just specifiy those regions but other regions as well (I'm surprised that they don't mention South American or the Middle East with respect to the NA and Europe numbers)...

Anyhow, it's not a very accurate desription of the market breakdown because you do get a VERY large amount of grey-market sales of one regions' hardware to another region. (e.g. Japanese and North American PS2s in Korea, and for a while there was a big market for US PS2's being sold in Japan mainly for region 1 DVD playback)...
 
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