Sony Sells 800k PlayStation Portables

Sony announced Thursday that 800,000 PlayStation Portable units have been sold in Japan since its launch last month. The PSP, priced at 20,000 yen ($190 USD), is slightly more expensive than Nintendo's DS unit, which costs 15,000 yen ($145 USD). Both companies have reported strong sales of their respective units.

"I must admit (sales) are not big enough yet," Sony Computer Entertainment president and chief executive Ken Kutaragi told reporters during a news conference. "But demand is so strong that we already do not have enough supply." Sony plans to boost PSP production to 1 million units per month in order to meet demand.