Daily Report: Resurgent Game Console Market Keeps Supplies Sparse

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It might take a miracle from the North Pole for video game fans to get their wish this season, Nick Wingfield reports.

New game consoles from Sony and Microsoft are sold out in many stores, with Sony’s less expensive PlayStation 4 proving to be especially difficult for shoppers to find. The PlayStation 4 and Xbox One had stronger sales during their first two weeks on the market — more than two million each — than any previous game console, according to DFC Intelligence, a game research firm in San Diego.

Those strong sales are the latest and strongest evidence yet that the console business appears to be turning into a two-horse race, with Sony and Microsoft jockeying for the lead and Nintendo eventually falling to a distant third. Nintendo’s Wii U has had meager sales since it was introduced last year, putting the company on its heels. Read more »