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Lafiel said:

~3.7million "on shelves" sounds rather high, but might not be unusual for a fast selling item like the PS4 after a big holiday quarter

alternatively I think there is a small chance the shipment figure actually includes PSVR, while the sold-through number they disclosed doesn't - feels a bit weird that the PS4 outdid PS2's biggest shipment (Q2 FY2003 - 8.8m), yet didn't break 20m sold in the calendar year

??

Not sure that's a good estimate to be on shelves. That's as of december 31st, so 3.7m (btw where is everyone getting 3.7m?) Supposedly, vgc has it with 300k sold jan 7, so wouldn't it be 3.4m? anyway, It's a massive number to be on shelves somewhere.

There are two explanations, undertracked, or channel stuffed. Given that the new ps4 came out, there could be a bit more on shelves than we'd normally expect, but 2m+ would be pushing it. It's likely to be 1.5m+ undertracked.