Microsoft Corp has sold over three million new Xbox One game consoles since releasing the new gaming system last November, according to Reuters.

The Xbox One launched on Nov. 22.

The third generation of the Xbox is competes head-to-head with Sony Corp's PlayStation 4. The PS4 was also released in November.

Sony confirmed recently that it has sold over 2.1 million PS4s as of the first week of December. It has not confirmed more recent sales however.

Microsoft had sold over 2 million devices in 18 days

"We continue to be humbled and overwhelmed by the positive response from our fans," says Yusuf Mehdi, corporate vice president of strategy and marketing for Xbox, in a statement last month. "We are thrilled to see sales of Xbox One on a record-setting pace."

Michael Pachter, an analyst at Wedbush Securities, said that sales for the new Xbox One console are "in line with expectations," according to Reuters.

Pachter has also estimated PlayStation sales have reached around the 3 million mark, but wouldn't confirm anything yet.

The Xbox One is on sale in over 13 countries, including the U.S., where it sells for $499.

The PS4 sells for $399 in the U.S.

Robert W. Baird & Co analyst Colin Sebastian had predicted both devices would reach 3 million sales by mid-December, according to Reuters.

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