Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (20514)	11/1/1999 11:47:00 AM
From: Paul Lee	Read Replies (1) \| Respond to of 25814

from washingtonpost.com Sony Says PlayStation Holiday Sales to Top $1 Billion Reuters Monday, November 1, 1999 9:11 AM FOSTER CITY, Calif. -- Sony Computer Entertainment America, a unit of Japan's Sony Corp., said on Monday that sales from its PlayStation home game machine and associated products would top $1 billion for this year's holiday season. The company says it has sold one million PlayStation units since the company dropped its selling price to $99 in August, bringing total installations in North America to 21 million, or one in every five homes. "The retail outlook has never been better as we continue to see a strong desire for PlayStation in the marketplace," Jack Tretton, Sony Computer Entertainment's vice president of sales said in a statement. "In November and December 1998, we sold four million PlayStation consoles," said Tretton. "We are on track in 1999 to keep up with the pace we established last year. The $99 price point, coupled with the sustained demand for the console and its games library, will result in strong sales for the PlayStation category overall." The company has earmarked $150 million in PlayStation marketing in the holiday season. © 1999 Reuters