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The 1.2m is probably right. The thing is that Sony sold 2.1m in december and this number was only possible thanks to changing the shipping from boat to air but now that they returned to ship through boats theres a period of draught.

Next week they should be selling 200k+ already, and they should start stocking just now for the japanese launch which should reflect only the March shipments for US and EU

I thought the 1.2m would be right but these numbers are starting to give me doubts. I agree they could be selling 200k + next week but I think if 1.2m per month were right they would have sold over 200k this week as well.