Microsoft Corp has announced that sales of its new
gaming console, the Xbox One, topped three million at the end of 2013 after
launching it in November. The third generation of the Xbox is competing head-to-head with
Sony Corp's PlayStation 4, also launched in November.
Sony said it had sold 2.1 million units of its gaming console by the first week of December. It will not be clear which company is leading the console battle until Sony updates that figure.
The sales of the new Xbox are in line with expectations, said Michael Pachter, an analyst at Wedbush Securities, who also estimates PlayStation sales around the 3 million-mark.
Hot sales of both consoles have been a boon for Advance Micro Devices Inc, which developed or supplied chips for both devices.
For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine