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September 19, 2013 01:55 am -04

Sony plans to sell 5 million PlayStation 4 consoles by the end of the fiscal year

Ambition? Sony's got that. The company just announced during its Tokyo Game Show keynote that it plans to sell a solid five million PlayStation 4 consoles by the end of the fiscal year. It's a bold enough goal on its own, but doubly so when one considers the bomb the company dropped last week: the PS4 won't even launch in Japan until February. To put that number into perspective, Nintendo's floundering Wii U only sold slightly more than half of that much during its own launch window. Perhaps a better comparison would be the sales of its own predecessor, the PlayStation 3, which didn't reach the five million mark until almost a year after launch. Although five million is little more than a drop in the pond for the kind of numbers Sony undoubtedly expects to sell over the next several years, it could give the company a competitive edge over its competition.

Update: We caught up with Sony's Andrew House after the keynote, who clarified that the five million sales goal was for the fiscal year, ending in March.

Check out the rest of Sony's TGS announcements in our liveblog coverage.

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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