Sony PSP Sales Surpass $150 Million

By Nate Mook | Published April 7, 2005, 7:42 PM

Despite a report stating that videogame outlets had not sold out of Sony's new PlayStation Portable as expected, Sony says it has generated $150 million during the PSP's first week of sales in the United States. The Japanese company says 500,000 PSP Value Packs were sold in the first two days.

In a survey conducted at the end of March across 150 retail locations, American Technology Research found that only one-third of the locations had sold out. Of the remaining stores, 15 had less than three units in stock.

The PSP, which retails for $249, was expected to sell up to one million units after its launch. Sony even delayed the European debut of the device in order to ensure that enough units were available to ensure a smooth launch.

Although it did not completely empty its stockpiles, Sony says it is happy with the results and response from eager gamers.

"The launch of PSP was everything we hoped for," said SCEA president Kaz Hirai in a statement. "In only two weeks, PSP is having an immediate impact across the entire industry, as consumers are clearly voting it the product of the year in 2005."

Comments

read what people wrote about this gaming module, follow the link

http://www.betanews.com/...t_as_Planned/1112291582

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"In a survey conducted at the end of March across 150 retail locations, American Technology Research found that only one-third of the locations had sold out. Of the remaining stores, 1
5 had less than three units in stock."

Here's the real deal:
33.3% of 150 = 49.95 (round to 50)(http://www.google.com/se...=off&q=33%25+of+150)
150 - 50 = 100
100 - 15 = 85

50 of the 150 stores sold out. this left 100 stores that weren't sold out. that means 85 stores had more then 3 units still available. nice spin.

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Nice catch! ^_^ I was one of the guilty one's who read that and thought "wow... they did pretty good." Then along comes your evaluation of the situation and sheds some new light on it. I love my PS2, so I'm not against SONY in any way, but I still refuse to pay $249 for a portable gaming system.

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then dont pay simple as that. Your getting more than a handheld when you buy psp do you know that?

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Pretty expensive lil toy if you ask me.

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