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E3 2011: Sony expects Vita to outsell PSP

  • Posted June 8th, 2011 at 12:55 EDT by Mike Harradence
  • 6 Comments

Sony Corp. has said it expects PlayStation Vita to turn a profit in under three years, and aims to eclipse PSP’s 70 million life-to-date milestone.

Speaking to Reuters, Kazuo Hirai, president and group CEO of Sony Computer Entertainment Inc. (SCEI), commented, "If we were able to hit that 70 million mark for PlayStation Portable, we want to exceed that both in terms of numbers and timing to get to that number."

Hirai unveiled Vita during Sony’s E3 press conference Tuesday night, confirming the device will retail for $249 and $299 for the lower-spec model and 3G-enabled SKU, respectively.

As for Vita’s chances of topping its predecessor, MF Global analyst Jay Defibaugh certainly feels it's possible.

"I think it's definitely possible, although I don't model that right now, given the bigger emphasis on connectivity," he said. "All things considered, the handheld market has more exposure to the increasing popularity of smartphone-based gaming."

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  1. TheTenth666

    • 8:10am EDT - June 8th, 2011

    good luck to them, I really mean it, just hoping most people won't get into the new Nintendo "portable non prtable console controller" and won't think the Vita is inferior to that

  2. squirrelbo1

    • 8:39am EDT - June 8th, 2011

    would be very surprised if it did, but its not beyond possibility.

  3. TekkenLord

    • 8:57am EDT - June 8th, 2011

    they already have my guarantee that i'm going to buy this.

  4. cgzfdtfg

    • 9:41am EDT - June 8th, 2011

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  5. microsoftsucks

    • 12:33pm EDT - June 8th, 2011

    Better than what microsoft or nintendo could do.

  6. GoballsDeep_69

    • 2:41pm EDT - June 8th, 2011

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