Sony's PlayStation Portable sold out on its first day!

Sony's anticipated PlayStation Portable (PSP) has virtually sold out on its debut day in Japan - the launch outside Japan will follow next year. The company said that Japanese retailers have shifted almost all the 200,000 it had released so far.

Koichiro Katsurayama, spokesman at Sony Computer Entertainment, the group’s game division, said: "We have heard that the PSP has nearly sold out nationwide."

And although the company was mulling an increase in production of the PSP, he acknowledged it would be difficult as it had established schedules with component suppliers that could not be easily changed.

Sony's target is to sell 500,000 units in Japan by the end of 2004 and three million units worldwide by March 31.

Source: Scotsman