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Sony PSP Selling Briskly in First Week, But Retailers Not Sold Out

Authored by Mark Hefflinger on April 1, 2005 - 4:46am.
Los Angeles -- Sony's new PSP (PlayStation Portable) handheld video game console sold well during its first week of availability at North American retailers, but analysts note the device did not sell out at an impressive number of outlets, Reuters reported. Gartner analyst P.J. McNealy estimated that 575,000 were sold during the week, leaving another 300,000 of Sony's initial shipment still on store shelves, while American Technology Research said just 50 of 150 retailers it surveyed this week were sold out of the PSP. Sony delayed its planned PSP launch date in Europe as it strove to supply 1 million units for the North American launch. "The PlayStation Portable (PSP) has been solid but not spectacular," McNealy said in a note. "We believe that the PSP launch, while not the blow-out event expected, will be considered successful as retailers continue to sell through existing inventory levels."
tags: Sony PSP | Retailers | Selling Briskly |