March 31, 2005

Sony PSP Not Sold Out

American Technology Research did a survey and found that only 50 of 150 stores nationally have sold out of the Sony PSP. Specialty gaming shops like Electronic Boutique and Gamestop has sold through two shipments, while big box retailers like Target and Walmart seem to have more inventory. His best guess is 575,000 units were sold the first week, with 300,000 still available in the channel.

Analyst P.J. McNealy said the specialty gaming retailers have already sold through two waves of hardware, but "big-box" retailers like Target Corp. (TGT.N: Quote, Profile, Research) and Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) got more units than expected at launch and have inventory remaining.

McNealy estimated the PSP sold as many as 575,000 units in its first week, with up to 300,000 left in the inventory channel.