Sony PSP, PS3 Doing Better than Expected

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Reuters is reporting that the Sony PSP portable video game console, along with its home-bound relative, the PlayStation 3, are both selling faster than expected and could meet full-year sales targets even if the current economic crisis dampens holiday sales, Sony said in a statement.

“Driven by solid demand by video games, and the appeal of the Blu-ray disc movie system built into the devices, PlayStation 3 sales are some 30 percent better than Sony’s plan so far in its fiscal year,” according to Jack Tretton, Chief Executive of Sony Computer Entertainment of America.

“We are in good shape for [10 million PS3 sales] worldwide [by March 2009],” Tretton said in the article. “We are tracking at 100 percent up over last year … about 30 percent ahead of where we should be. So sales could slow down and we will still hit our number.”