Today at the Sony Investor Relations Day 2018 in Tokyo Japan, Sony Interactive Entertainment president and CEO John Kodera said that the PlayStation 4 is entering the final phase of its life cycle.
Kodera noted that while the PS4 entering its final phase should result in a negative impact on sales, recurring revenue via membership services such as PlayStation Plus should mitigate the blow. He also noted that while Sony is investing in first-party, it is not entirely for the creation of new IP. Instead the refreshment of existing IP such as God of War and development of successful IP as franchises are also part of the company’s plan to strengthen content.
Kodera says that Sony’s current medium-term management plan period, which runs until March 2021, is expected to be a momentary breather to further strengthen the PlayStation business. This could mean that we could see the PS5 in 2020.
The PS4 launched in 2013 and as since shipped 79 million units worldwide as of March 31, 2018. If the PS4 life cycle is coming to a close it is going out with a bang with upcoming exclusives such as The Last of Us Part II, Death Stranding, Days Gone, Spider-Man, Dreams, Ghost of Tsushima, and more.