The Wait Is Over: Sony's PlayStation 4 Officially Goes On Sale
NEW YORK (CBSNewYork/AP) -- The wait is over for gamers.
For the first time in over seven years, new PlayStation and Xbox consoles are hitting stores this month.
Sony's PlayStation 4 officially went on sale Friday.
"You can't ask for a much more better system -- 8 GB of RAM, 500 GB of hard drive, it's going to be a lot smoother, a lot faster," one gamer told 1010 WINS' John Montone outside the Sony store on Madison Avenue and 56th Street.
The Wait Is Over: PlayStation 4 Goes On Sale
Microsoft's Xbox One is due out Nov. 22.
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Both are offering exclusive game titles in hopes of luring customers.
Sony expects to sell 5 million units of the PlayStation 4 by the end of its fiscal year in March. The PlayStation 3, in comparison, sold 3.5 million units in that time period seven years ago. Microsoft declined to offer a sales outlook for the Xbox One through the holidays, but demand should be comparable, says Wedbush analyst Michael Pachter. He expects 3 million Xbox Ones to be sold through December and 4.5 million through March.
The PS4 retails for about $400.
The Xbox One, which includes an updated Kinect motion sensor, will cost $500.
Neither the Xbox One nor the PlayStation 4 is backward compatible, meaning the machines don't play games that were made for their predecessors.
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