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PS4 demand still outstripping supplies in Europe

Sony is still struggling to manufacture enough PS4s to meet demand in Europe. We haven’t yet caught up with the initial demand across Europe.” SCE UK MD Fergal Gara told TrustedReviews. We are still dealing with the day one market. We are very close to being in a full supply …

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Xbox hardware supplies have overtaken demand, Microsoft says

Microsoft CFO Amy Hood has told investors that there will be a "channel inventory drawdown for Xbox consoles". An inventory drawdown is the process of reducing the amount of available inventory of a product which, as Gamasutra points out, implies that Microsoft has produced more Xbox consoles than it is …

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Sony hopes to be "closer to full PS4 supply" by early summer

PS4 may not be freely available in all current regions until this summer. We’re struggling to keep up with demand,” PlayStation boss Andrew House told The Wall Street Journal. Conservatively, as we get into the early summer months, we’ll be closer to a full supply situation.” Demand is said to …

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GameStop hikes PlayStation Camera price as US shortages take hold

The US arm of games retailer GameStop has added an extra $10 to the price of the PS4 Camera. The device normally sells for $59, although that is currently being bumped up to $69. GameStop didn’t reply when asked by Polygon if the price increase was as a direct result …

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Apple reduces iPhone 5C orders after low sales – report

The supposedly ‘budget’ debutant in Apple’s iPhone line-up is apparently not selling as well as was hoped. The Wall Street Journal reports that Apple has lowered orders for the device from its Asian manufacturing partners, while a handful of telecoms providers have admitted to lukewarm enthusiasm for the 5C from …

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Sony raises PS4 sales estimates, admits "demand may now outstrip supply"

The overwhelmingly positive response given to PS4 at E3 this week has led to the company raising its sales expectations for the machine. Global PlayStation boss Andrew House told The Wall Street Journal the company is shifting its internal projections for the product after favourable reactions to the company’s presentation …

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Reduced demand for console Q&A

Game quality assurance firms have felt a sizable decrease in their console projects, which has put pressure on some companies to seek new business from other parts of the entertainment sector. Parallel to this reduction in console projects, there has been an increase in tablet and mobile games, which is …

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Apple shares fall to 11 month low

News of a decline in demand for iPhone has seen Apple’s share price fall to its lowest point in nearly a year. Apple’s share price fell 3.6 per cent to $501.75 yesterday – a 28 per cent fall since its September 2012 high. Bloomberg reports that Apple has ordered just …

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Weak demand leads Apple to halve iPhone 5 component orders

Apple has cut its iPhone 5 component orders by half due to ‘weaker-than-expected’ demand. People ‘familiar with the situation’ told WSJthat Apple’s orders of iPhone 5 screens for the January-March quarter dropped by half of what the company had previously planned to order. Also the company has cut orders for …

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Sony: Consumers have decided 3D is not "hugely important"

Platform holder Sony has admitted that consumers have effectively killed off the 3D gaming revolution. Consumers decide how relevant it is,” SCE UK boss Fergal Gara told Eurogamer. It’s fair to say consumers have decided it’s not hugely important at this time. It’s a capability we’ve got. It may have …

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