Sony Struggles to Meet Demand for PlayStation4
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Sony Corp.’s PlayStation 4 sales are proving a bright spot for Chief Executive Officer Kazuo Hirai, who is cutting costs to spur a revival at a company hit by falling demand for televisions and cameras.
Five months after its release, sales of the $399 video-game console surpassed 7 million units worldwide as of April 6, Tokyo-based Sony said yesterday in a statement. Shipments have outpaced rival Microsoft Corp.’s Xbox One, which sold 4.2 million, according to an early April estimate from VGChartz.com.