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PS2 leader of consoles

  According to an earlier report released Monday by Credit Suisse First Boston, Sony Computer Entertainment is leading the three-party console race with the PS2. Its opposition, the Xbox and GameCube, have provided strong competition throughout their launch. However, between November 11 and December 8, the PS2 has been able to total 962,000 console sales, while the Xbox sold 934,000 units and the GameCube sold 602,000 units. It must also be noted, though, that the Xbox and GameCube were released on November 15 and 18, respectively.

   All three companies claimed to have the best console launch ever, while providing their own skewed company statistics. However, it has been made official that while the Xbox and GameCube received the most media influence, the PS2 was able to surpass them in almost every category available.

   "The bulk of the revenue for this category is still driven by Sony's PS2," said Sean Milne, vice president of research firm Soundview Technology Group in San Francisco.

   An updated report has been made by Sony Computer Entertainment America announcing that it has sold 1.5 million units of the PlayStation 2 since the week of Thanksgiving totaling 6.5 million units in the US. (Sales numbers provided by NPD Group Report). PlayStation and PlayStation 2 software sales have accounted for more than two-thirds of the video game software market during the month of November and hardware, software, and peripherals, have generated more than $700 million in revenue during the same time period. Sony plans to rake in well over $1 billion worth of revenue by the time this holiday season ends, and they seem like they'll get their fairly quickly.

   Metal Gear Solid 2: Sons of Liberty was the best-selling console game in November, followed by Grand Theft Auto III, Tony Hawk's Pro Skater 3, Harry Potter: The Sorcerer's Stone (PSX), Madden NFL 2002, and WWF Smackdown! Just Bring It.

   "Clearly, data for the first month of the holiday sales season indicates that the entire PlayStation family of products will soundly outsell all competitors combined, despite the heralded introduction of new game consoles during this important month," said Jack Tretton, senior vice president of Sony Computer Entertainment America. "We recognize the importance of delivering products that provide the greatest overall value for the consumer and are happy to see that consumers are placing their support behind the PlayStation brand once again this holiday season."

12/18/2001 Matt Stensrud

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