The PS4 is Entering the Final Phase of Its Life Cycle – The End of the PlayStation 4?
According to the CEO of Sony Interactive Entertainment, the PlayStation 4 console is indeed entering the final phase of its life cycle. However, it’s not exactly what you think is happening with the PS4.
The PS4 is Entering the Final Phase of Its Life Cycle
During Sony Interactive Entertainment’s Investor Relations Day 2018 which was held in Tokyo, an interesting piece of information surfaced. The CEO of Sony Interactive Entertainment, John Kodera, told investors that this is the phase where the PlayStation 4 console sales would take a hit.
As bad as this might sound for PS4 owners however, this is not an announcement where Sony will be pulling the plug on the PlayStation 4. What he means is that the majority of PS4 consoles have already been sold, and that the company will be shifting their focus from selling hardware (the console itself) to maintaining engagement with people who own and play the console.
Kodera is quoted as saying that Sony continues to invest in first-party and exclusive games, though that doesn’t just mean new IPs. Refreshing existing IPs and expanding successful ones even further is also part of the company’s plan.
The CEO also touched on the topic of PlayStation VR sales, saying that PS VR is growing, despite an overall low growth rate for the VR industry as a whole. As far as revenue is concerned, the growing revenue from PlayStation Plus should offset the decline in hardware sales.
Interestingly, Kodera was quoted as saying that from now until March 2021 (the company’s mid-term plan), Sony will “crouch down once to grow further in the future.” It’s not exactly clear what Kodera means by this, but it could be referring to the period of ramping down that typically precedes the design and launch of a new platform.
This goes in line with what we initially talked about with the upcoming PlayStation 5, or more accurately referring to the successor of the PS4 assuming it uses a different name. If you missed out on that and would like to know more about the PS5 as well as when it could be launched, click right here to find out.
The PlayStation 4 launched in 2013 and it has seen good times in its 5-year lifespan. There are already rumblings of PS5 dev kits being sent to developers in anticipation of a possible 2020 launch but take that information with a grain of salt.
Pokdepinion: And here, I was already planning to starve myself so I can save up and buy the new console. Guess we don’t have to worry about that so soon.