Sony expects the PS5 to sell 7.6million units within five months
Sony is expecting its upcoming next-gen console, the PlayStation 5, to sell 7.6million units by the end of its current fiscal year.
The company’s executive deputy president and chief financial officer, Hiroki Totoki, revealed the figure during an earnings call with investors on Tuesday (October 27). He said that the company expects to launch the PS5 in “the best ever condition” and sell over 7.6million units by March 31, 2021, according to Financial Times.
Totoki cited the PS5’s “appealing software lineup, the strength of the PlayStation brand, our pre-eminent game ecosystem and our cohesive gamer community” for the sales projections. However, he also cautioned that meeting the figure will also depend on the PS5’s success in the US against the Xbox Series X and S.
Later in the call, during a Q&A session, Totoki also said that the company’s long-term goal for the system is to surpass the total sales for the PlayStation 4. “Yes, it is a challenge,” he said, “but we are very eager and committed to succeed and surpass the aggregated unit sales of PS4.”
Earlier this week, Sony Interactive Entertainment CEO Jim Ryan confirmed that the first 12 hours of pre-orders for the PS5 had matched the sales for the first 12 weeks of its predecessor, the PS4, although he did not reveal specific features.
Ryan described the demand for the PS5, based on the pre-order levels, as “very, very considerable”. He added that “it may well be that not everybody who wants to buy a PS5 on launch day will be able to find one”, although the company is “working as hard as we ever can” to keep up with demand.
Sony also recently lifted the embargo on unboxing information on the PS5, which led to the release of numerous unboxing videos from tech outlets and influencers such as Marques Brownlee and Jenna Ezarik. Check them all out here.
Published at Thu, 29 Oct 2020 09:48:47 +0000
Xbox Game Pass is “completely sustainable”, says Phil Spencer
Xbox chief Phil Spencer stated that Microsoft’s Xbox Game Pass subscription service is “completely sustainable” and will stay at its current price.
During an appearance on the Dropped Frames podcast, Spencer revealed that some developers have questioned the service’s long-term feasibility and future. The Xbox Games Pass offers players access to a large library of games on PC and Xbox consoles for under US$10 a month.
“I’ll be honest, there are developers that have some concerns, and my inbox is there, and I have conversations with a lot of those developers asking what are our real long-term goals?” Spencer admitted. “You know we get questions about ‘hey, is this just some kind of go secure a bunch of players and then rack the price up to a new level?’”
But Spencer reassured listeners that the Xbox Games Pass is “completely sustainable” at its current cost, and there are no plans for a price increase anytime soon. “I say there’s no plan for us to do anything like that. We like the value that Game Pass is today and from a business model it’s completely sustainable the way it is and I mean that,” he said.
Later in the podcast, the Xbox head also pointed out that the Xbox Game Pass allows for the greenlighting and release of games that would normally get buried in traditional retail, although he did not specify any titles. “The upside is, we can take more creative chances than a pure retail model allows,” Spencer said. “We can go and greenlight games because we know we’ll get millions of Game Pass players to engage and play the game.”
“Where [games were greenlit] based on how many units or revenue you might gain just from that title, it can be more challenging, and that’s I think the positive side of it,” he added. “It allows us to take more creative risks and I think the portfolio shows that, but we have to prove that over time as well.”
Earlier this month, Spencer revealed that he is “open” to making Xbox Game Pass available on PlayStation and Nintendo consoles. He said that “there’s a lot of discussions” about making the Xbox Game Pass available to new devices, and it would “prioritise it based on where we would find the most new players”.
Published at Thu, 29 Oct 2020 08:50:09 +0000