NEW YORK (TheStreet) -- Twitter is filling up with reports of available Xbox One units on the shelf, but no PS4's in sight. Microsoft wins product launch battle.
X-box one went on sale on November 22nd and it was the biggest X Box launch in history surpassing day 1 x-box 360 sales and setting a new record. More than one million consoles were sold in less than 24 hours, and most stores say they are no more units on the shelves at this point, but the company insists it is working to replenish stock to meet that demand.
We talk to the chief product officer x-box one and here's what he had to say.
We're certainly gonna keep trying to get is that many Xboxes in as we can but if you see when the store you should grab it because I think it's gonna be a pretty hot product.However pictures are being posted and Twitter is filling up with posts as consumers point out where their is stock. Many are saying that there is lots of stock affect box once in Los Angeles and there are even tho doesn't stock at a Best Buy in midtown Manhattan. The same can't be said of Sony's Playstation 4 there isn't any supply available at all except for the units that are being held up until Black Friday. 1 million unit is good news for a company like prime sense that makes the chips for Microsoft Connect in here to tell the latest happening with prime sent is our Britney Umar. Apple has purchased israel-based chip developer prime sense, a company that develops 3d sensor technology for reported $350 million dollars. Apple I'll confirm the acquisition though did not offer details on its purpose. PrimeSense develops chips that enable digital devices to have 3d vision. It the same technology used in 3d scanners and Microsoft x-box connect, which uses cameras and depth sensors to incorporate players movements into games. As competition increases and called for product innovation at Apple continue it remains to be seen whether the technology could be used in devices like 3d cameras the Apple TV or even a SmartWatch and the acquisition marks Apple's second purchase an israel-based company in less than two years, Apple bought flash storage chip maker ana bit in January 2012 for $400 million dollars, back to you Deb. Thanks Brittany of course later this week will have earnings from Analog Devices and Hewlett Packard for now that's it for the tech report I'm Deborah Borchardt with TheStreet.
--Written by Debra Borchardt in New York.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV