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PS2 and PS1 sales better than expected with new competition

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PS2 and PS1 sales better than expected with new competition

Old 12-08-01, 07:15 PM
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PS2 and PS1 sales better than expected with new competition


IGN.com
December 7, 2001

Sony Computer Entertainment America announced today that it had stronger than expected sales during the important Thanksgiving week. Based on these sales that exceeded its original forecasts, the company is now projecting that PlayStation category sales will bring in more than $1 billion in retail revenue during December 2001.

According to SCEA's internal sales data, there were more than 317,000 PlayStation 2 units and 100,000 PS one consoles sold through to consumers during the week of November 19, with PS2 sales being up 62% from the previous week. Meanwhile, during the week of November 26, there were more than 321,000 PS2 units and 100,000 PS one units sold.

These latest sales findings brings the life-to-date installed base of the PS2 in North America to more than 6 million units since its October 26, 2000 debut. Likewise, the PS one/PlayStation consoles have now reached a North American installed base of 31 million units.

"We experienced record-breaking sales for the PlayStation family of products during the Thanksgiving time period and expect this trend to continue throughout the holidays," said Jack Tretton, senior vice president, Sony Computer Entertainment America Inc. "For the first time since the introduction of PlayStation 2 in 2000, consumers have the opportunity to choose from multiple new console offerings. Competitive marketing efforts drove consumers to retail and many chose to purchase our products once they compared the benefits of each system. Overall in 2001 we forecast that 66 percent or $2 out of every $3 retail console dollars will result from sales of PlayStation products.

"Our retail partners are reporting to us that 2001 will be the best year yet for videogame sales," added Tretton. "For 54 months straight, the PlayStation business has been the sales leader in every category in which it competes. We have maintained that success by providing both the PlayStation enthusiast and new consumers with a wealth of entertainment at affordable prices."

SCEA executives believe that the surge in holiday sales is likely correlated to the fact that all in-home entertainment purchases across the board are on the rise. According to a survey conducted by the company, one in three consumers planned to make entertainment purchases this holiday season to help take them away from real world events.
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Old 12-08-01, 09:58 PM
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This "stronger than expected" sounds like a typical PR press release... no matter what the numbers, they could always claim 'stronger than expected' after the fact.

Maybe PSOne sales are actually a surprise, but, really, who on the planet couldn't have guessed that PS2 would sell that much (if not more, in fact)? And Sony wouldn't have buried every retailer in an avalanche of PS2s if they honestly thought that that 300,000 a week after Thanksgiving would be surprisingly good.
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Old 12-08-01, 10:28 PM
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Yeah, thats true. Although most PR releases are ussually positive and overblown.

BUT, the point was... 638,000 PS2 units were sold in the same time period that Gamcube and Xbox were available. Those numbers just surprised me what with all the hype.

As recently as Wednesday, Nintendo claimed "Nearly 600,000" gamecubes had been sold. So that means that the PS2 in the same time period outsold the Gamecube. (based on the numbers each company has released)

I just found the numbers surprising.
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Old 12-08-01, 11:57 PM
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Really, how is this surprising? C'mon, one of the most anticipated games ever (Metal Gear 2) came out EXCLUSIVELY for it, and then throw in the fall sports game rush, as well as one of the most talked about games (GTA3) and (as Emeril says) BAM! You have system sales. It's not that hard to figure out. Sure, you have 2 other systems launching, but neither had the anticipation of the games like those two mentioned above for the PS2. Sony did a good job of marketing with MGS2 and the system. So good numbers aren't a big shock to me...
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Old 12-09-01, 12:46 AM
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I think the 30% discount by Virgin Mega Store is part of the reason. Almost all of my friends (including those who don't usually play video games) have bought a PS2 from Virgin Mega Store. After all, $210 + Tax is a really good price.

But I know they would have got XBox or Game Cube instead if they are in stock at Virgin Mega Store.

And I think the down fall of the economy is part of the reason. Most of my friends have cancelled their travel plans. So, they all bought a game system to kill time over the holiday.
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Old 12-09-01, 01:54 AM
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There's only about 20 virgin megastores. So i dont' think that was a huge factor. I think the AAA titles coming out right now was probably the biggest reason. And the fact that this is PS2's first worthwild christmas. No shortages, tons of games, and a drop in peripheral prices depending on how savy a shopper you are.
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Old 12-09-01, 02:41 AM
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I think the it is in stock factor is making a huge difference. i know two people who went to look at xbox and GC found them sold out so looked at the PS2 saw the games and decided to go for it. I think the lack of units and games is making the PS2 a strong choice. I expect that the release of FFX will mean strong sales till January at least. The PS2 will be over 7 million in North America and 24 million worldwide by January.
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Old 12-09-01, 09:03 AM
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Originally posted by ottolam
I think the 30% discount by Virgin Mega Store is part of the reason. Almost all of my friends (including those who don't usually play video games) have bought a PS2 from Virgin Mega Store. After all, $210 + Tax is a really good price.

But I know they would have got XBox or Game Cube instead if they are in stock at Virgin Mega Store.

And I think the down fall of the economy is part of the reason. Most of my friends have cancelled their travel plans. So, they all bought a game system to kill time over the holiday.

Ummmmm-Probably not.
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