PS5 Price Yet To Be Set In Stone, Sony Indicates

Joanna Estrada
April 16, 2020

In 2019, approximately 14.7 million PS4 were shipped; comparatively, Sony shipped 17.7 million throughout 2018.

However, the sales are significantly down year-on-year (20 per cent), which is not surprising since the PlayStation 4 life cycle is at its end and Sony are getting ready to announce their brand new, next-generation console PlayStation 5.

Since it's a balancing act, it's hard to say anything concrete for now, but Totoki-san talks explained that with "smooth transition" he also means that Sony will definitely choose the optimal approach with the best balance that can be profitable during the console's lifetime.

It was a similar story on the software front, with cumulative sales of complete game software that dropped to 81.1 million units from 87.2 million units, a decrease of 6.1 million units. The PS4 now sits fourth in the game consoles sales record behind the Game Boy, Nintendo DS, and PS2.

There are 38.8 million PlayStation Plus subscribers as of December 31, 2019, which is up 2.5 million from the 36.3 million subscribers during the same period the previous fiscal year. It also comes mere hours after Sony's chief financial officer, Hiroki Totoki, suggested that PS5 pricing had not yet been finalised.

Sales for Sony's music business are also expected to rise, the firm said, helped by its integration of EMI Music Publishing and an increase in streaming revenues.

It's no secret that PS5 will launch sometime this 2020. The company's hardware forecast of 13.5 million units remains unchanged.

Other reports by Click Lancashire

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