Updated Nov. 15, 2013 at 7:05 a.m.

Premium Lock As Lou Reed's 'Perfect Day' plays, Sony launches new PlayStation

Published: 2013-11-15 06:57:00
Updated: 2013-11-15 07:05:30

Happy early buyers of new PlayStation Happy early buyers of new PlayStation celebrate at Sony's midnight launch. (Bloomberg)

Sony beats Microsoft out of the game with a new gaming platform. Both companies are responding to shifts in the video-game industry, especially the loss of players to tablets and mobile phones. Nintendo, for example, has sold 3.9 million Wii U units since November, far below the company's estimates. To spur sales, Sony and Microsoft are offering powerful web-connected consoles capable of delivering games and entertainment, such as TV, films and music....

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