This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sony's Playstation 3 Regains 1st Place Over XBox

SAN FRANCISCO - Sony's (SNE - Get Report) latest PlayStation 3 console has stretched its lead over rival Microsoft's (MSFT - Get Report) Xbox 360 last month, though it still lags behind Nintendo's Wii system, according to industry research firm The NPD Group.

Sony sold 405,500 PS3s, compared to 219,800 Xbox 360s but still has a long way to go before it catches up with the Wii, which sold 666,700 systems last month.

It's the second month that the PS3 has stayed ahead of the Xbox 360.

Sony still has a long way to go before it beats Nintendo. The Nintendo Wii has now become the best-selling console among its peers, with 10.9 million units sold year-to-date in the U.S.

Sony stumbled when it launched the expensive PS3 console a year-and-a-half ago and trailed its competitors for months. That's in contrast to its position as the clear market leader with the older PlayStation 2 console.

Sony is making concerted efforts to regain its footing. Earlier this week, it shaved $100 off the price of the PS3. Sony said the 80-gigabyte version of the PS3 will retail at $400, down from $500, while discontinuing the 40-GB version of the console.

Microsoft also dropped $50 off the price of the Xbox 360 and said the basic 20-GB model of the console will retail at $299.

Sales of PlayStation 3 were helped by Konami's (KNM) latest release, Metal Gear Solid 4: Gun of The Patriots for the PS3, which zoomed to the top of the charts with nearly 775,000 copies sold last month. Konami's game was made exclusively available on the PS3.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
KNM $18.62 3.39%
MSFT $45.57 0.00%
SNE $25.76 0.00%
AAPL $110.38 0.00%
FB $92.07 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs