Microsoft share price: Xbox One – fastest selling console in US

on Dec 14, 2013
Updated: Oct 21, 2019
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iNVEZZ.com, Saturday, December 14: Microsoft’s (NASDAQ:MSF) Xbox One was the fastest selling game console on the US market in November with an average daily volume of more than 101,000 consoles, the company said in a statement, quoting data by market research firm NPD Group. The NPD November figures are not public yet, but according to Microsoft, they show that 909,132 Xbox One units were sold in the US in the console’s first nine days on the market. This means that Xbox One sold nearly three times as many units in the US as the Xbox 360 did during its November 2005 launch.

The NPD figures also revealed that the total US retail spend on the Xbox platform, including hardware, software and accessories related to both Xbox One and Xbox 360, reached $1.21 billion last month, the most for any console.
Earlier this week, Microsoft said it had sold more than 2 million Xbox One consoles worldwide in the first 18 days since its launch, averaging over 111,111 unit sales a day.

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**PS4 beats Xbox One in total sales**
Quoting the same NPD report, Sony Corp. (TYO:6758) said that its PlayStation 4 (PS4) was the top-selling console in the US for November, beating Microsoft’s Xbox One. But the comparison is not entirely fair as the PS4 was launched in the US market one week before Xbox One.


Earlier this week, Sony said that a report by market research firm DFC Intelligence showed that with 2.1 million units sold during the first two weeks since launch, the PS4 has become the console with the largest initial launch sales ever. It should be noted however, that the PS4’s was launched in 32 markets which is more than double that of the Xbox One, which was launched in 13. Both the Xbox One and the PS4 sold 1 million units in their first 24 hours on sale, according to data by the companies. Demand for both game consoles continues to exceed supply ahead of Christmas.

In yesterday’s trading, Microsoft’s share price fell 1.4 percent to close at $36.69 on the NASDAQ stock exchange. Meanwhile, Sony’s share price eased 0.3 percent to finish at ¥1,813 on the Tokyo Stock Exchange.
**As of yesterday’s close buy Microsoft shares at $36.67.**
**As of yesterday’s close sell Microsoft shares at $36.66.**
**As of yesterday’s close buy Sony shares at ¥1,814.**
**As of yesterday’s close sell Sony shares at ¥1,812.**
Trade stocks with Hargreaves Lansdown from £5.95 per deal.
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