Skip to main content

PS4 Hardware And Games Sales Slump As PS5 Release Approaches

Sony has detailed its financial performance for the three month period ended December 31, 2019. Overall it reported a decline of sales for the Game & Network Services division under which the PlayStation branch of the business operates. Sales of the PlayStation 4 reached 6.1 million units, which is a drop from 8.1 million units during the same period in the previous financial year.

Similarly, sales of games declined year-on-year, dropping from 87.2 million units from 2018 to 81.1 million units in 2019. These factors, along with the impact of foreign exchange rates, have resulted in lower revenue for the Games & Network Services business. Despite the decline in hardware and software sales, however, there has been an improvement on PlayStation Plus subscriptions, year-on-year.

The decline in sales is not unexpected, given that the PlayStation 4 is now reaching the tail end of its lifecycle and the PlayStation 5 is on the horizon. A similar decline in the same areas of hardware and software sales was reported by Microsoft's Xbox division. This decline is no doubt a symptom of the creeping end of the hardware generation. In all likelihood, the decline in hardware sales will continue unless interest in purchasing consoles is massaged through a price cut or an incredibly compelling bundle.

Looking ahead, there are also a number of first-party titles with the potential to generate interest in purchasing a console. Chief among these is Naughty Dog's The Last of Us: Part 2, the sequel to a critically acclaimed game developed by a prestigious studio. Ghost of Tsushima, developed by Sucker Punch Productions, is also slated for release for the PlayStation 4 and has generated a great deal of buzz. The PS4 could also benefit from interest in third-party titles such as Cyberpunk 2077, the new game from CD Projekt Red, a studio that garnered widespread praise and attention for The Witcher 3: Wild Hunt. Square Enix is also set to release the long-awaited remake of Final Fantasy VII for the PlayStation 4 this year,

Sony will launch the PlayStation 5 in 2020. The company has confirmed a "holiday 2020" release window for the PlayStation 5, but a more specific date has not been provided. Price will be a major factor on how strongly the new console sells out of the gate, and although Sony hasn't confirmed how much it will cost yet, it has said that the PS5's price will be attractive to gamers. Check out our breakdown of the known PS5's games, price, release date, specs, controller, and other information for more on the upcoming successor to the PS4.



from GameSpot - All Content https://ift.tt/2OqBIPG

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

WWE Wrestlemania 35: How To Stream On PC, PS4, And Xbox One

Wrestlemania , WWE's biggest PPV of the year, is right around the corner, airing on Sunday, April 7. If you're familiar with WWE, then you know there are multiple ways you can watch this event from your phone to TV to PC. Here's a breakdown of the easiest ways for you to watch Wrestlemania. The cheapest and easiest way to watch the PPV is through the WWE Network . While the network normally costs $10 a month and offers replays of past PPVs, weekly television events, and original content, new subscribers can sign up for one month free. So you can watch Wrestlemania without paying a dime, from the comfort of your own home. Just make sure to decide after the event whether or not you want to keep your subscription to the service. Additionally, Wrestlemania is available through your cable or satellite provider. However, if you plan on doing that, be prepared to pay between $60-70 for the event. Why would you pay that much for the event? Well, internet service isn't fast e...
Post a Comment
Read more

9 Of The Best Steam Winter Sale Games For $20 Or Less

The Steam Winter Sale rages on, with big discounts on hundreds of games. It runs through January 3, so time is running out for anyone who wants to save a bundle of cash on some of the best PC games of recent years. If you don't want to put a dent in your cashflow in this post-holiday period, that's wholly understandable. To help you find some of the best games available for an affordable price, we've scanned through the Steam Winter Sale and selected some of the top titles. Read on for the goods. If you don't find something you want, plenty of other sales are live this week as well. GOG is having a winter sale of its own right now, and it's giving away certain games for little or nothing. Also, if you'd like to spend even less, check out our picks for the best games in the Steam sale under $10 . Now on with the show. 1. Borderlands: The Handsome Collection Borderlands 3 is likely to come out eventually, and you'll want to know what's happening on...
Post a Comment
Read more