PlayStation 4 Was A Big Hit On Amazon.com Inc. (NASDAQ:AMZN)

Posted by Lacee Page November 18, 2013 0 Comment 1458 views


Remembered late last week when we mentioned that Amazon.com, Inc. (NASDAQ:AMZN) offered $599.99 combo on Sony Corporation (ADR) (NYSE:SNE)’s PlayStation 4’s launch day, packed with a gaming console and a 7-inch Kindle Fire HDX with some special offers. But Amazon is no more selling PlayStation 4. Amazed? No there are no reported issues between Amazon.com, Inc. (NASDAQ:AMZN) and Sony Corporation (ADR) (NYSE:SNE). This is because of extremely high demand of PlayStation 4 that Amazon went out of the PlayStation 4 inventory.

Amazon.com, Inc. (NASDAQ:AMZN) has posted a product alert on its website for the buyers, requesting them to keep checking on its Facebook page, ‘Amazon Video Games’ for next update on when the online retailer will start selling more PlayStation 4s.

PlayStation 4: Opening Sales

Sony Corporation (ADR) (NYSE:SNE) reported the North American sales in excess of 1 million units of PlayStation 4 gaming consoles within 24 hours of product launch. Earlier last week, the President and CEO of Sony’s U.S. computer entertainment division, Jack Tretton said that the company will have adequate supplies of the PS4 to meet the anticipated demand through Christmas.

The company launched its next generation gaming console in North America on November 15th and will launch it in Europe and Latin America on November 29th.

Moreover the company also reported the issues with its gaming console faced by some buyers and this could be significant ahead of Microsoft Corporation (NASDAQ:MSFT)’s scheduled launched of Xbox One on November 22nd.

The Issues with PlayStation 4

There have been many instances of reporting by the buyers regarding faults in their newly bought PlayStation 4 which the company assumes to be isolated incidents, representing a very small percentage of total sales. Forbes contributor, Dave Thier reported faulty HDMI port alongside similar reports by many others including Kotaku that mentioned faulty HDMI jack in its PlayStation 4 review article.



About Lacee Page

Lacee Page is our White House and political campaign reporter. Lacee also covers justice and national law enforcement issues and congressional reporter focusing on the outputs of the legislative process: government spending, agency regulation and congressional oversight. Lacee received a national Edward R. Murrow for spot news award and the regional Associated Press award for best newscast. Lacee attended Riverview High School near Coshocton, and graduated from Ashland College in Ashland, Ohio with a Bachelor of Arts degree in Communications.

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