Sony CEO Says PS4 Entering End of Its Life Cycle, PSVR Growth Below Market Expectations
Going forward, services and software will carry the most weight.
The PlayStation 4 hit the scene on November 15, 2013, and has moved over 70 million units since. Hardware sales are slowing up while software continues to climb and, almost five years later, Sony's PS4 is entering the final phase of its lifecycle.
GameIndustry.biz reports via a Wall Street Journal reporter that Sony's management has expressed to investors that the final phase of the PS4 is upon us. The news comes from a presentation led by Sony CEO Kenichiro Yoshida where the team set the expectation that the bulk of profit will come from services instead of hardware.
The report goes into further detail regarding Sony's strategy going forward:
"In an official statement about the strategy, Sony emphasized the importance of expanding the audience for PlayStation Network, which has annual sales exceeding ¥1 trillion and more than 80 million MAUs. Key metrics used to measure progress will be frequency of logins and time spent per session, while Sony also said it aims to increase subscriber numbers for PlayStation Plus.
Kodera said that Sony would be investing in more exclusive games for PlayStation platforms, including both new IP and refreshing existing IPs. However he described the period leading up to March 2021 as a time for SIE to "crouch down" while preparing for more growth after that point."
The PlayStation 4's massive install base, refocusing on services and software should serve the company well as the company begins its transition to their next console. PSVR, on the other hand, was presented as a challenging area that needs improvement alongside the PlayStation Vue platform.
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replyCharles Singletary posted a new article, Sony CEO Says PS4 Entering End of Its Life Cycle, PSVR Growth Below Market Expectations
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I still don't understand why Sony shut down PS Home,which was always in perpetual beta,instead of trying to find a way to integrate it for PSVR.Really seems like a no-brainer.
As far as PS Vue,it's a really good service that could really stand up to traditional cable,BUT they have to lower the price a little bit more to make it really worth leaving cable/satellite,and they need to further improve the UI. Last time I used it was for a one week trial,and it was a hell of a lot better than it was just the previous year,but it still could be better. -
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