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Sony IR Day 2018: PlayStation 4 Life Cycle Is Ending

Today, Sony executives gathered for Sony IR Day 2018, and PlayStation executives shared the three-year plan for PlayStation software and services. They also reviewed Fiscal Year 2017 for PlayStation, including the notable accomplishments and challenges.

Here’s a round-up of all the major points from¬†Sony IR Day 2018:

PlayStation Fiscal Year 2017 in review:
  • As of March 21st, 2018, the PlayStation 4 and PlayStation 4 Pro have sold a combined 79 million units
  • PlayStation Network has over 80 million monthly active users (MAUs)
  • Of these, 34.2 million are paying PlayStaion Plus subscribers
  • VR market growth is currently below expectations
  • The market and business model for PlayStation Vue remains uncertain
PlayStation Fiscal Year 2018 plan: 
  • Utilize a growing library of exclusive titles
  • Leverage the install base
  • Grow and improve recurring revenue
  • Increase engagement

John Kodera, President of Sony Interactive Entertainment, also emphasized how strengthening the PlayStation library would include creating new IPs and revisiting successful existing IPs. He also confirmed that the PlayStation 4 was entering the final phase of its lifecycle.

This is interesting to see however, it certainly makes sense for Sony to double down on the most successful parts of their platform at the moment. With the PlayStation 4 entering its final phase over these next three years, that would appear to put a potential PlayStation 5 around Fall 2020.


Samuel Tolbert
Samuel Tolberthttp://Ticgamesnetwork.com
Hello, I'm Samuel. I'm the News Editor for TiC Games Network. I've loved video games for most of my life. I also enjoy writing about them. If you like what I write, feel free to follow me on Twitter. Also enjoy talking about tech, movies and other geeky stuff.

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