ps4Sony announced today that sales of its PlayStation 4 have eclipsed 40 million, a new milestone for the top-selling console.

“We are truly grateful for the enormous support from our fans and partners across the globe, which helped us achieve this significant milestone in such a short span of time,” Sony Interactive Entertainment Global CEO Andrew House said in a statement. “We will strive to deliver even more exciting gaming experiences to our users, further driving the momentum and accelerating the expansion of the PS4 platform and its business this fiscal year by offering an unparalleled line-up of games, bringing our virtual reality system, PlayStation VR, to market and providing ground-breaking features and network services.”

Sony also announced that more than 270 million PS4 games have been sold.

Xbox-One-With-controllerThe PS4, sold in 124 countries worldwide, has outpaced Microsoft’s Xbox One for console sales since both devices debuted in November 2013.

Microsoft hasn’t reported sales data for the past several months and is no longer disclosing Xbox unit sales as part of its quarterly earnings reports. But CNET noted today that Sony has a substantial lead — nearly 2X — in the console battle.

At CES in January, Sony CEO Kaz Hirai said that the company sold 5.7 million PS4 consoles during the 2015 holiday season around the world, and had sold 35.9 million PS4 consoles worldwide at the time.

GameSpot noted that Sony sold 80 million PlayStation 3 units seven years after its launch — so far, the PS4 is doing even better on the sales front than its predecessor, with another 20 million PS4 consoles expects to be sold by April 2017.

Microsoft, meanwhile, is reportedly set to unveil new Xbox streaming devices, as well as two new Xbox One consoles — a cheaper version set to hit store shelves later this year, and a more powerful version for next year. Sony is also working on an improved version of the PS4.

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