GameStop reported Wednesday it has sold out of PlayStation 4 consoles, with 2.3 million customers still waiting to take one home.
Those numbers come less than a week after the system’s launch on Nov. 16, when Sony sold more than 1 million units in the first 24 hours of launch.
“We still have over 2.3 million customers on the First to Know List, which indicates continued demand for months to come,” GameStop President Tony Bartel said on a conference call with analysts Wednesday.
PlayStation 4 outsold its predecessor by more than 80 percent 7 years to the day of the PlayStation 3 launch in 2006.
Texas-based GameStop, the largest video game retailer in the U.S., said it expects launch demand to exceed the supply of the Xbox One as well, which goes on sale Friday.
The PlayStation 4 numbers, along with the expected strong demand for the Xbox One, has led analysts to speculate the slump the video game industry has been experiencing in recent years is coming to an end. Industry experts expect strong sales to continue through the holidays.