Sony: PS3 & PSP Sales Are Way Ahead Of Projections

by Chris Naughton

Sure, Microsoft has slashed the price of Xbox 360 in order to try to get an edge against PS3. And yes, Nintendo's DS still outsells Sony's PSP.

But that doesn't mean that Sony isn't having an incredible fiscal year nonetheless.

Head honcho Jack Tretton recently revealed how the company is ahead of the game with PlayStation 3 and PSP.

"We are tracking at 100 percent up over last year," he said in an interview with Reuters. "...About 30 percent ahead of where we should be. So sales could slow down and we will still hit our number."

In fact, if the trend continues, there may be some heartbreak when the holidays roll around.

"I'd say we are able to meet somewhere between 80-90 percent demand, based on how things are trending," said Tretton. But even if supply does get limited, he said that the shorages would not be "drastic".