PS4 'likely' more profitable than PS2, Sony CEO says

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Sony CEO Kaz Hirai expects PS4 to become more profitable than PS2.

In a corporate strategy meeting reported by Impress Watch and translated by Eurogamer, the former head of Sony Computer Entertainment told investors that PS4 will likely outperform the best-selling console of all time.

"It is likely that PS4 will become the platform which exceeds the profits earned with PS2," Hirai said.

About 155 million PlayStation 2 systems were sold in the console's decade-plus lifespan (Nintendo DS nearly caught up before production ceased, with more than 153 million units sold).

Sony expects to sell 17 million PlayStation consoles in its current fiscal year, and PS4 specifically has moved more than 7 million since its launch in November 2013.

On top of strong sales, Sony expects the console's network services to propel its profits. Hirai specified that profits derived from PS4 will likely exceed those of PS2, which means he may not expect it to outperform strictly in units sold.

Sony has forecast a loss for the current business year ending in March 2015.

While the company said on Wednesday that it expects annual sales to rise 0.4 per cent, it also forecast a net loss of 50 billion yen (£290m/$490m) for the 12 month period.

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Related Forum: PlayStation Forum

Source: http://www.computerandvideogames.com/464687/ps4-likely-more-profitable-than-ps2-sony-ceo-says/

Comments

"PS4 'likely' more profitable than PS2, Sony CEO says" :: Login/Create an Account :: 34 comments

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LatiasPosted:

xSTaTiCBLuEx It will never sell more units that would be impossible. The PS2 was far more popular than any competitors (Xbox), was cheaper and more accessible.


If you factor in inflation, the price is not that different. Besides te XB1 is pretty unpopular everywhere but the US, and there are more console gamers (gamers in general) than when the PS2 was released.

SuddenlyPosted:

i might actually consider selling my xbox one for ps4

BeetPosted:

xSTaTiCBLuEx It will never sell more units that would be impossible. The PS2 was far more popular than any competitors (Xbox), was cheaper and more accessible.


Well it was the most successful console of all time.

LostPosted:

I think it will since it seems like so many people prefer it over the xbox one and there are a lot more people playing games then there were back then.

leiPosted:

Porygon
-Tupac This is actually good in my opinion.

Why wouldn't it be? Do you even read the story?


Judging by his previous news comments i don't think so.

TangPosted:

PS4 is a great console to many people. I'm not surprised

PorygonPosted:

-Tupac This is actually good in my opinion.

Why wouldn't it be? Do you even read the story?

xSTaTiCBLuExPosted:

It will never sell more units that would be impossible. The PS2 was far more popular than any competitors (Xbox), was cheaper and more accessible.

-yoghurtPosted:

i still have my ps2 but no ps4

DiamondDoctorPosted:

I loved my ps2 but yet my ps4 is niceeeeeeeee