Sony’s Target of 5 Million PS4 Consoles Sold by March 2014 is “Very Realistic” – Pachter

Wedbush Securities analyst gives nod to Sony for being faster out of the gate.

Posted By | On 13th, Nov. 2013

Dualshock 4_01
In a special episode of Pach Attack centered on the launch of the PlayStation 4 in North America, Wedbush Securities analyst Michael Pachter stated that the Sony’s target of selling 5 million consoles by March 2014 is “very realistic”.

“I think 5 million sell-through number is very realistic. And especially given that the Xbox One costs 100 bucks more, I think that you got to give Sony a nod for being faster out of the gate.”

If you hadn’t pre-ordered your console and are worried about a lack of supplies, then don’t worry. Pachter predicts that constraints on supply should lessen by January to February of 2014.

The PlayStation 4 is slated to release on November 15th in North America and on November 29th in Europe. In preparation for the US launch, update 1.50 for the console which, adds Remote Play functionality and much more, has gone live. You can download it now on to a USB stick and install it on the console from there.


Tagged With: , , ,

Keep On Reading!

Xbox’s Layoffs And Studio Closures to Begin on July 6th, Might Be Biggest Layoffs in Gaming – Rumor

Xbox’s Layoffs And Studio Closures to Begin on July 6th, Might Be Biggest Layoffs in Gaming – Rumor

According to 3D Realms and Apogee co-founder George Broussard, a large number of Xbox studios are going to be ...

Koei Tecmo is Working on a New Action Game IP Codenamed Fuji – Rumor

Koei Tecmo is Working on a New Action Game IP Codenamed Fuji – Rumor

The project's existence was discovered on the website for Japan's Ministry of Economy, Trade, and Industry's I...

Assetto Corsa Rally Update 0.5 Adds New Maps, Online Multiplayer, and Physics Improvements

Assetto Corsa Rally Update 0.5 Adds New Maps, Online Multiplayer, and Physics Improvements

An already solid rally racing sim gets even better with new Special Stages set in Greece and public/private lo...

Invincible VS Shows Off New Outfits In Its DLC 1 Launch Trailer, Angstrom Levy Announced

Invincible VS Shows Off New Outfits In Its DLC 1 Launch Trailer, Angstrom Levy Announced

The Immortal, Universa, a few comic-accurate costumes, and the addition of a key player from the franchise lor...

1666: Amsterdam Trailer Drops New Lore and Setting Details

1666: Amsterdam Trailer Drops New Lore and Setting Details

The Collector and her feline companion look like a very interesting duo of playable characters, as does the wo...

PS5 Reportedly Vastly Outsells Xbox As Far As AAA Single-Player Games Are Concerned

PS5 Reportedly Vastly Outsells Xbox As Far As AAA Single-Player Games Are Concerned

According to The Game Business, launch-month sales for titles like Crimson Desert and Resident Evil Requiem ar...