PS4 vs Xbox One Sales: Sony Dominates Microsoft in First Quarter 2014

Sony sold three times more consoles than Microsoft in the first quarter of 2014.

Sony says that it sold 3.5 million PlayStation 3 and Playstation 4 systems during the first quarter, up from 1.1 million last year during the same period (before the PS4 was released).

The company didn’t specify how many of the unites were PS4.

Microsoft said last week that it sold 1.1 million Xbox One and Xbox 360 consoles. It also didn’t specify how many of the consoles were the next-gen version.

The PS4 sales figures should come out soon, according to Game Rant, which notes that the console’s sales quickly rose over 1 million within 24 hours of its launch last November. As of March, it totaled 6 million units.

Meanwhile, Microsoft said previously that Xbox One sales doubled in June after the company dropped the mandatory inclusion of Kinect.

Venture Beat notes that Microsoft is working on feature upgrades to better compete with Sony.

And both companies have major releases coming up this year, such as Destiny and Assassin’s Creed Unity.

See an Associated Press story below.

Sony and Yum Brands are big market movers

NEW YORK—Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

3D Systems Corp., down $5.94 to $50.13

The three-dimensional printing company reported a drop in quarterly profit and the results fell short of Wall Street expectations.

Yum Brands Inc., down $3.60 to $69.40

The owner of fast-food chains, including KFC, said a food-safety scandal in China has hurt sales and could cut into global profit.

Sony Corp., up 90 cents to $18.43

The electronics company reported a surprise jump in quarterly profit that beat Wall Street forecasts of a loss during the period.

World Wrestling Entertainment Inc., up 39 cents to $12.48

The entertainment company reported better-than-expected quarterly results and said it would cut staffing levels by 7 percent.

Nasdaq

eHealth Inc., down $10.95 to $20.70

The online health insurance company cut its 2014 profit and revenue outlook, which now falls short of Wall Street expectations.

LivePerson Inc., up $1.62 to $11.78

The digital communications company reported better-than-expected quarterly profit and boosted its full-year revenue outlook.

Lam Research Corp., up $2.11 to $70

The semiconductor-processing equipment company reported better-than-expected quarterly profit on a revenue boost.

Tetra Tech Inc., down $2.50 to $24.28

The engineering and consulting services company cut its full-year profit and revenue outlook to below Wall Street expectations.

 

Follow Zachary on Twitter: @zackstieber
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