For quite some time, the Sony PS5 has been on the market. Despite the chip scarcity, Sony has been gradually replenishing its inventory and completing outstanding orders. Despite the presence of the current-gen PS5 console on the market, Sony intends to continue to support the PS4 for another three years.
The company is not in a rush to remove support for the earlier generation console. It intends to transition new and existing PlayStation customers to the PS5 over the next few years until the PS4 is retired. This comes after their most recent investor meeting.
In its investor presentation, Sony emphasised the PS5’s success in comparison to previous consoles and discussed some of the company’s future goals. When comparing first-party game releases for fiscal years 2019, 2022, and 2025 for the PS4, PS5, PS4+PS5, PC, and mobile, Sony expects no first-party game releases for the PS4 in 2025.
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Instead, the company intends to concentrate solely on the PS5, PC, and mobile platforms. Sony anticipates the gap between PS4 and PS5 sales to shrink this year, with PS5 sales surpassing PS4 sales next year. Sony is currently onboarding additional suppliers to keep up with current and future demand in order to increase PS5 sales. It also intends to release more first-party live-service games in the future, which explains why it recently acquired Bungie, the Destiny franchise’s studio.
By 2025, Sony plans to boost its investment in new IPs. Surprisingly, it did not mention the PS5 Pro at all throughout the presentation. According to reports, Sony and AMD have begun work on a future PS5, which could be released in 2024. This launch date is still a rumour that AMD floated at their Computex 2022 presentation.