Sony: PS4 Preorders "Much Much Higher" Than Its Predecessor

In an investor call, Sony chief financial officer Masaru Kato revealed that the company expects to ship 4 million PlayStation 4 units by the end of March 214.

According to Kato, this figure is drawn from the record number of preorders being placed worldwide. "Compared to past platforms, the preorders that we have received for this new platform [the PlayStation 4] is much, much higher," he said.

In addition to the large number of preorders, Kato believes that PS4's strong launch lineup is another reason to trust those sales projections.

"Sometimes, when we launch a new platform, the software catalog is not sufficient," he explained. "This year, on a comparative basis, I think we have a much more stronger (sic) lineup of software coming."

Last August, Sony announced that PlayStation 4 global preorders had exceeded 1 million units. The console is set for release on November 15th in North America and November 29th in Europe and Australia.

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