Wednesday, May 23, 2018

Sony To Focus On PSN & PS4 Games Until 2021

Sony CEO Kenichiro Yoshida announced the company's expectations for the PS4 and the overall Game & Network Services division from now until March 31, 2021. During this time, services and software are expected to drive revenue, not hardware sales. The company says PSN currently generates annual sales of a trillion yen with 80 million monthly active users, and that PS Plus paid subscriptions have been growing from year to year, sitting at 34.2 million at the end of fiscal year 2017. PS4 sales, which sit at 79 million units as of March 31, but still put the console on pace to surpass the PS3's 83 million units sold. In regards to other PS4 sectors, Kodera said that PSVR, while growing, is below market expectations, and TV streaming service PS Vue is facing stiff competition. Improvement is needed from both areas within a realistic outlook.

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