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Sony Hits Generation Gap

Stock quotes in this article: SNE , WMT , NTDOY , MSFT , ATVI , ERTS  

It was a happy holiday season for most video-game device makers, as industry sales grew nearly 28% to $3.7 billion in December, but Sony's(SNE Quote) next-generation console couldn't outsell its previous version.

Sony sold 490,700 of its PlayStation 3 devices in December, according to research firm NPD, bringing total devices sold since launch to 687,300 units.

Those figures appear to contradict Sony's own recent report that, as the company had predicted, it has shipped 1 million PS3s to the U.S. so far. ...

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