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Reeves reveals 1 million consoles were sold in PAL regions in December

50°
340w ago - Sales of Sony's PlayStation 3 are on course to overtake Microsoft's Xbox 360 in Europe by the summer of this year, according to Sony Computer Entertainment Europe's president and CEO David Reeves.

According to Reeves the console is already outselling its rival in France, Spain, Germany and Italy, and over 1 million units were sold across the continent in the December build-up to Christmas last year.

On top of that, the latest numbers show Sony with a three-to-one advantage over the 360 in sales last week.

Reeves, talking to MCV, also explained that around a fifth of that number was down to the UK alone: "We're very happy with the performance of PS3 in the UK," he said.

He added that his company's console now had a higher cumulative installed base in some regions.

"It has not yet reached that in the UK. But the team here expect to overtake the installed base of Xbox 360 across all PAL territories in late summer.

"It's also worth mentioning that last week we outsold Xbox 360 in PAL territories by a ratio of three-to-one."

Momentum seems to be building for Sony's flagship console following a torrid time last year, as the effects of the price cut and increasing popularity of Blu-ray continue to kick in.
 

Sony Corp boss believes his business is holding up well, but worried about currency

50°
340w ago - The chief executive of Sony Corporation, Sir Howard Stringer, has revealed that he believes the company is performing well, but has expressed concern about the impact a strengthening yen could have on the business.

Speaking at the World Economic Forum, he admitted: "There is always an impact on exports. The yen is volatile...We watch it with some anxiety," reports Reuters.

Because a significant proportion of the company's goods are exported for sale overseas, a rise in the strength of the native currency automatically makes its goods more expensive for other countries to import.

But despite that, he said, the consumer electronics arm is holding up well so far, buoyed by a better performance in the last month or so by the PlayStation division.

"PlayStation 3 has now gone past Xbox on the Christmas market. It's moving into its own as it gets into higher bandwidth...PS3 is out of the woods and beginning to hold its own," he said.

His comments echo others made separately by SCEE boss David Reeves, who earlier revealed the extent of sales in Europe, and claimed that the PS3 would outsell the Microsoft machine by the summer.
 

Sony Denies PS3 Price Drop

50°
340w ago - At CES this year, Kaz Hirai, the President of Sony Computer Entertainment, stated that the PlayStation 3 was going to be profitable in 2008; unlike the huge losses it made for Sony in 2007.

After Hirai's statement the production costs were reported to be cut in half from the high $800 production costs down to $400 for each unit. Due to this news it sounded unlikely that the price was going to be cut again. Rumors were beginning to circulate that said the price was going to be cut to $299 in late January.

Combining the statement of Kaz Hirai and the $400 production costs, it doesn't really seem to increase the chance of a price cut so early in the year. That is probably why Sony confirmed to Bloomberg that they have no plans to cut the price of the PlayStation 3 in Japan, North America or Europe. Sorry for the people waiting for the PS3 to drop another $100, but it probably won't happen any time soon.

Stay tuned!
 

Top 5 game sales per system worldwide in week 3, 2008

250°
341w ago - Gamasutra's weekly column, "Saling The World", covers the top five sellers for every available platform in the United States, Japan, and Europe, providing an important update of sales patterns worldwide.

This week's charts, with data taken from January 17th, 2008, feature Rock Band leading PS2 sales in North America, while Wii owners turn their attention to budget-priced titles like Luxor and Winter Sports. Data for "Saling The World" comes courtesy of the public sales information on Amazon.com, Amazon.co.uk, and Amazon.co.jp, with sales split out for each platform and territory, and pre-orders disregarded.

Nintendo Wii

North America:
1. Guitar Hero III: Legends of Rock Bundle (Activision)
2. Super Mario Galaxy (Nintendo)
3. Winter Sports: The Ultimate Challenge (Conspiracy),
4. Luxor: Pharaoh's Challenge (MumboJumbo)
5. Carnival Games (2K Games)

Japan:
1. Wii Fit (Nintendo)
2. Wii Sports (Nintendo)
3. Caduceus: New Blood (Atlus)
4. Nodame Cantabile: Dream * Orchestra (Bandai Namco)
5. Super Mario Galaxy (Nintendo).

Europe:
1. Mario & Sonic at the Olympic Games (Sega)
2. Big Brain Academy for Wii (Nintendo)
3. LEGO Star Wars: The Complete Saga (LucasArts)
4. Zack...
 

In Wake of Warner Defection, Studios Roll Out HD DVD Product

50°
341w ago - Down but not out, the beleaguered HD DVD format suddenly has some product in the pipeline, after studio announcements that had been slotted for the Consumer Electronics Show were yanked at the last minute due to the pre-show defection of Warner Home Video to the Blu-ray Disc camp.

One of the most high-profile HD DVD releases, ironically, will be from Warner, which won't officially abandon the Toshiba-developed format until the end of May. The studio Wednesday announced it will release a two-disc special edition of the action hit Twister on all three home entertainment software formats, with the DVD and Blu-Ray Disc coming May 6 and the HD DVD edition following May 27.

Orders are due April 1 for the standard DVD and Blu-ray Disc and April 22 for the HD DVD. Special features include a commentary, an HBO First Look Special on the making of the film, and a 2003 History Channel special on tornadoes.

Paramount Home Entertainment, which after May will be the only major studio besides longtime supporter Universal Studios Home Entertainment to release titles on the HD DVD format, is expected to announce a full slate of HD DVD titles for the first quarter today (Thursday, Jan. 17) – a slate it was to unveil at CES.

Already in stores is Zodiac, which quietly shipped...
 
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