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Sony CEO Believes PS4 Will be More Profitable Than PS2

Started by Zinix, May 27 2014 06:41 PM

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8 replies to this topic

#1 Zinix

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Posted 27 May 2014 - 06:41 PM

In a corporate strategy meeting, Sony CEO Kaz Hirai showed his confidence in PlayStation 4's performance, to the point where he claims that Sony's newest console can surpass the success that the company's best-selling console—the PlayStation 2—had.

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

The PlayStation 4 has so far sold 7 million units worldwide last year, a far cry from the 155 million units that the PlayStation 2 has sold. However, Hirai's confidence in the PlayStation 4 doesn't mean he believes that the PlayStation 4 is going to outpace the PlayStation 2's unit sales. Rather, the PlayStation 4 has different revenue streams to tap into, such as digital sales.

This is all good news, considering the dismal state that Sony is in. Last year, it lost $1.24 billion USD and the company projects it's going to lose another $500 million USD.

http://www.tomshardw...-ps2,26867.html

He's fooling himself.

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#2 Nollog

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Posted 27 May 2014 - 06:52 PM

So he's planning to keep it going for 7+ years again like the PS3 then.

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#3 Hank Hill

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Posted 27 May 2014 - 08:24 PM

As profitable as the PS2...probably not.

More profitable than the PS3, more than likely...seeing as it's already profitable on each console sold.

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#4 tboss

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Posted 28 May 2014 - 08:22 AM

unlikely.

i can see PS4 being profitable, unlike the PS3.

#5 cannonshane

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Posted 29 May 2014 - 02:12 AM

So he's planning to keep it going for 7+ years again like the PS3 then.

They stated before launch that it would have a 10 Year life cycle......

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#6 Nollog

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Posted 29 May 2014 - 02:18 AM

They stated before launch that it would have a 10 Year life cycle......

lol, imagine having a tablet pc for 10 years as your flagship console, insanity.

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#7 Azure-Edge

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Posted 29 May 2014 - 07:28 AM

As profitable as the PS2...probably not.

More profitable than the PS3, more than likely...seeing as it's already profitable on each console sold.

He should hope so considering the PS3 was a net loss.

I dunno, it's still early in the generation and their biggest advantage is about to disappear.

#8 Hank Hill

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Posted 29 May 2014 - 08:01 AM

He should hope so considering the PS3 was a net loss.

I dunno, it's still early in the generation and their biggest advantage is about to disappear.

I thought their biggest advantage was not being Microsoft

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#9 Azure-Edge

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Posted 29 May 2014 - 08:12 AM

I thought their biggest advantage was not being Microsoft

No, it's being 100 bucks cheaper. There's nothing wrong with Microsoft as a company and the Xbox brand is well loved, especially in the US. I'm not among those it appeals to but I still understand the appeal and don't think badly of it. All MS has to do is show off some Halo and Cod at E3 and the dudebro crowd will come running.