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PS4 sales below Sony's expectations after the PS5 was unveiled



Sony announced this week that PlayStation 4 shipments have climbed to a staggering 100 million units so far, but that's not all good news. The 3.2 million PS4 systems that Sony delivered in April-June were "slightly below" the company's internal expectations. The reason for the decline?

Sony says it is "predominantly" due to the company announcing its next-generation console, PlayStation 5.

Sony is not yet officially announcing its next-generation console, but the architect on the PlayStation Mark Cherney started talking about the console and some of its features earlier this year. Sony then demonstrated much faster loading times for the console during a business meeting.

  No captions provided The thinking is that people can afford to buy a console when they know a new one is coming. This seems to be happening here with PS4 sales. </p>
<p>  As a result of lower-than-expected PS4 sales, Sony said it had "revised down" its PS4 sales forecast for the current fiscal year ending March 2020. The company cuts its estimates by 1 million units, from 16 million to 15 million. </p><div><script async src=

15 million are still a large number of console shipments, so late in its life cycle. Sony said this continued success "indicates that the PS4 platform is still receiving support from many users."

Sony is also planning a slump in game sales in the current fiscal year. The company is lowering its expectations of being flat throughout the year instead of rising due to lower third-party game sales. Revenues from lower-than-expected free games were also called for. This may refer to Fortnite and other bitcoin games that slow down when it comes to revenue.

For a plus, Sony said it expects its "network services" to generate more revenue in the current fiscal year. Overall, Sony said one of its main areas of focus during the fiscal year was "preparing to launch the next-generation platform," in addition to expanding the customer base the company already has.

Rumors of the PlayStation 5 launch during the 2020 holiday, which is also when it is confirmed that Microsoft's next-generation Project Scarlett system will be released.


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