PlayStation President: PS4 Entering Final Phase of Life Cycle - News

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Sony Interactive Entertainment president and CEO John Kodera at the Sony Investor Relations Day 2018 in Tokyo said that the PlayStation 4 is entering the final phase of its life cycle. 

Kodera expects sales to start declining year-on-year, however, strong revenue from PlayStation Plus memberships should help offset the decreased hardware sales.

Sony is investing in first party games, however, it will not all be games based on new IPs. There will be a refreshment of existing IPs. 

He added that Sony's medium term plan through March 2021 is to strengthen the PlayStation business, but to take a "momentary squat."

PlayStation VR sales have been lower than predicted. Sony will aim for continued growth of the virtual reality headset, but with a more realistic outlook.

The PlayStation 4 has been available on the market since November 2013 and has shipped 79 million units as of March 31, 2018.

Thanks Gematsu.

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.

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V-r0cK (on 22 May 2018)

PS5 can take its time, still got a lot of catching up to do with PS4 and even more PS4 games on the way.

• +3

Megiddo (on 22 May 2018)

Wow, a 2021 release would be even later than I thought (I was thinking Nov 2020). Interesting.

• 0

poroporo (on 22 May 2018)

There's more PS4s out there than 3DS'es. That's kind of impressive.

• 0

Podings (on 22 May 2018)

"PlayStation VR sales have been lower than predicted"
Makes it scarcely a predition, I would say. But good on them for releasing by far the best selling VR headset.

• 0

ZODIARKrebirth (on 22 May 2018)

can't wait for E3, hope sony will bring the big guns and will surprise us

• 0

AlfredoTurkey (on 22 May 2018)

Eight year cycle? No thanks.

• 0

Ljink96 (on 22 May 2018)

So much for those 150M PS4 predictions, lol

• -8

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Ljink96 Ljink96 (on 22 May 2018)

Yeah, between 110 and 130M is fair, but I had people arguing that it would hit 150M. I am well aware that the PS2 went on to sell while PS3 was on the market but there's many more factors that will affect how a console sells now vs. 2006. 150M is not realistic.

• -5

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Ljink96 Ljink96 (on 22 May 2018)

Haha, we'll see. I my opinion, the landscape is just far too different for another 150M console, but we'll see.

• -5