Sony Says PS4 Is Entering The End Of Its Lifecycle

Sony Says PS4 Is Entering The End Of Its Lifecycle

As reported on GameSpot, PlayStation chief John Kodera has said that the company’s PS4 console is entering the end of its lifecycle during today’s Sony Corporate Strategy Meeting. It makes sense given that this November will mark five years since the console launched, as well as the fact that PS5 rumours continue to swirl (although PlayStation hotshot Shawn Layden confirmed that Sony’s E3 presser wouldn’t feature any hardware announcements). Don’t stress though, this does not mean Sony is abandoning the juggernaut console which has sold a colossal 79 million units as of April 2018, with a slew of upcoming first-party exclusives, namely The Last of Us Part II, Days Gone and Spider-Man, the console is forecasted to sell large volumes for the time being. 16 million units this financial year to be exact.

The Japanese company also revealed that they expect profits from its gaming division to decline in the future, but they hope to mitigate this by increasing the number of PlayStation Plus subscribers, which will also mean greater investment into its first-party lineup. However, the overall impact of Sony’s Games and Network Services division on the company is still expected to be huge. Kodera also spoke about the growth of  PlayStation VR and how it perhaps hasn’t taken off as rapidly as the company had hoped but confirmed that the company still sees a future for the technology.

What do you make of this announcement? Do you think this means the PS5 is sooner than we think? Let us know in the comments below.

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