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Sony winning the console wars, says company official

TOKYO--Sony are winning the console wars for the first time in nearly a decade, a company official confirmed Monday, offering a rare bright spot on the firm's otherwise troubled balance sheet.

Stellar sales of the new PlayStation 4 gave the Japanese electronic giant a huge leg up over rival Nintendo, which has dominated the console market for eight years.

Sony's gaming unit, Sony Computer Entertainment (SCE), sold more than 18.7 million consoles worldwide in the business year to March 31, a company spokeswoman told AFP by telephone, against Nintendo's official sales figure of 16.3 million units.

U.S. rival Microsoft trailed in third spot with sales of 11.6 million units in the same 12-month period, despite a jump from the rollout of the popular Xbox One towards the end of 2013, business daily the Nikkei said.

Sony sold more than seven million PS4 units worldwide as of early April although the new machine was only released in Japan in February. It was launched in November in the U.S. and Europe.

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