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PSP Sales Not as Strong as Expected

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“Only 50 of 150 retailers surveyed by American Technology Research reported sell-outs of the PlayStation Portable in its first week. Analyst P. J. McNealy described the launch as “solid but not spectacular”.

Of the 100 stores AmTech surveyed that were not sold out of PSPs, 15 reported having three units or less. Others reported higher levels, with some having as many as 100 in hand.

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With sales of console games slowing as manufacturers prepare for the next generation of game hardware, the industry is counting on the handheld market to pick up much of the sales slack in calendar 2005. Most analysts expect U.S. software sales growth to be flat to up 5 percent this year. ”

Read more at CNN.com

Also at Washington Post

Source: Reuters

Ian Bell
I'm the co-founder and CEO of Digital Trends Media Group, which I launched in 2006 out of my home office to share my passion…
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