Prior to the coronavirus pandemic, Sony had iterated on multiple occasions that it plans to transition PlayStation 4 owners to its next-gen system as quickly as possible. A new report from Bloomberg suggests that plans may be changing behind-the-scenes, however, due to a high PlayStation 5 price and limited supply.
In fact, the publication claims that the Japanese giant may attempt to temper the impact of a slow PS5 rollout by reducing the price of the PS4 and PS4 Pro consoles. This, it hopes, will lock people into the ecosystem and stimulate lucrative PlayStation Plus and PlayStation Now subscriptions, which have become something of a cash cow for the company.
“Sony’s Chief Executive Officer Kenichiro Yoshida has said the company will aim to increase recurring revenue rather than one-time hardware purchases,” the publication writes. This all sounds like a marked change from PlayStation’s original strategy – especially when it was talking about converting users at an unprecedented pace just six months ago.
Then again, the world has changed dramatically in a very short span of time, hasn’t it?
[source bloomberg.com]
Comments 13
Wait, do we have any evidence that PlayStation Now is even profitable?
The shrinkage that allows the PS5 to be produced also allows for a lower cost less power intensive PS4. I’m not saying it’s formal will necessarily change but they will be able to produce it more cheaply and therefore it would be sensible to pass the cost reduction on in order to get more sales from the budget end of the market.
PS4 super slim incoming ? That would actually be nice. Especially the PS4 pro version
@naruball The marginal cost of adding additional players to PlayStation now is negligible. Therefore regardless of whether it is overall profitable expanding the number of people playing it will make PlayStation more profitable.
PS4 super slim incoming.
@Ryall "PlayStation Plus and PlayStation Now subscriptions, which have become something of a cash cow for the company."
I'm specifically referring to this part.
I hope ps5 price is no more than $500, $550 is still okay I guess.
I will wait until Sony announce the price and the limited at the launch before I go ahead and buy it right away. If it is more than 600 € (EURO) then I am not sure.
You can't even find a PS4 console online shops I went too have all sold out, yet I bet in game stores which are closed there's loads
@Nakatomi_Uk tons at closed Gamestops and Bestbuys.
PS4 PRO Slim incoming me thinks
Do it now and Ill get another one.
Release a PS4 Pro Slim and I'm all in.
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