PS4 worldwide sales top 70.6 million, PlayStation VR tops two million

Nintendo Switch Passes 2.5 Million Units Sold in Japan; PS4 Passes 5.5 Million Units

Nintendo Switch Passes 2.5 Million Units Sold in Japan; PS4 Passes 5.5 Million Units

All of those PS4 sales are also helping Sony's Playstation VR, which has cumulatively sold more than 2M units to consumers worldwide as of December 3, 2017. More than 12.2m PSVR games have been sold.

That hard work seems to be paying off for Sony, too.

Video game stories from other sites on the web.

What the executive meant when he said Sony can't ignore its longtime rival Nintendo is up for some debate. In just nine months on the market, the Switch has already reached 2.5 million sales in Japan, making it the fastest-selling console of the year. The Black Friday sales at the end of November will surely have helped to push the console over the line, but that's hugely impressive, doing in four years what the PlayStation 3 to six years to manage.

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The consensus recommendation - averaging the work of 21 analysts - of 1.8 for Ciena Corporation (CIEN ) points to bullish case. Amp Capital Invsts holds 0% in Ciena Corporation (NYSE: CIEN ) or 10,362 shares. (NASDAQ:SNSS) to report earnings on March, 8.

The PS4 actually passed its milestone last week, overtaking 5.5 million units sold since February 22th, 2014. Yet one industry analyst estimates the Switch, which has been the top-selling console in the US for all but two of the months it's been on sale, has sold at a clip 20 percent better than the Wii had to this point in its lifecycle.

It will be interesting to see if the Switch continues to be a popular console for Nintendo, the device is expected to be one of the most popular consoles this holiday season.

In addition to hardware, more than 617.8 million copies of PlayStation 4 games have been sold at retailers across the world and through digital downloads on the PlayStation Store as of the same date.

Despite Japan's notorious preference for portables, PS Vita is also about to be overtaken by PS4, which is only 200,000 units away from its handheld predecessor, which has sold 5,748,337 units.

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