Xbox One Sales Hit 5M Mark Since Q3 2013 On $450 Bundled Offer Promoting Shooter Game ‘Titanfall’; Sony Sells 7M Video Consoles

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Xbox One sales have crossed the sales mark for 5 million units - a herculean feat for Redmond St., Seattle based Microsoft Corp. (MNASDAQ: MSFT) After its November launch, Microsoft announced in the beginning of the year that Xbox One sales had surpassed 3 million by the end of 2013 and that figure bumped up to 5 million Xbox One video game consoles to retailers.

The Xbox One console was introduced to gamers on Nov. 22 in the U.S., the UK and Australia ahead of Sony Corp's PlayStation 4 unveiling a week later. In order to spike sales, Microsoft promoted a bundled offer for $450. The offer came with the console and the much hyped shooter game "Titanfall" made by Electronic Arts Inc.

“Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 video game consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch,” said Reuters

According to a statement made by Sony, the Japanese electronics firm is having a difficult time to meet demand for its video game console: "Although we are still facing difficulties keeping up with the strong demand worldwide, we remain steadfast in our commitment to meet the needs of our customers," Andrew House, Sony Computer Entertainment’s president and group chief executive officer of said in a statement.

Sony’s spokeswoman told reporters that P4 sales have surpassed that of PlayStation 3, selling 3.5 million units between its release in November 2006 and March 2007.

“The $399 PlayStation 4 went on sale on Nov. 29 in the United States, Western Europe and Latin America, around the same time that rival Microsoft Corp's Xbox One was released,” Reuters reported.

Sony also said that PlayStation 4 software sales including retail and digital added up to 20.5 million copies world-wide as of April 13. The Japanese electronic firm reported, its gamers would have a choice between 120 PlayStation 4 titles like "Destiny" from Activision Blizzard Inc and "NBA 2K15" from Take-Two Interactive Software Inc.

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