Sony has sold 100 million PS4 consoles

Sony has sold 100 million PS4 consoles

August 1, 2019   01:36 pm

After nearly six years on the market, the PlayStation 4 is still going strong.

In an earnings report released Tuesday, Sony revealed it sold 3.2 million of the game consoles in the quarter that ended June 30, pushing it to the 100 million unit sales mark.

Sony (SNE) debuted the PS4 in November 2013 and by December 2017 had sold over 70.6 million units worldwide.

In 2017, Sony console sales underwent a resurgence as newer, better PlayStation games, such as Dragon Quest XI, Injustice 2 and Madden, hit the market. The games also added new social elements through multi-player games or gamers watching others.

Sony also reported that digital downloads continue to do well as more people purchase digital games over physical discs.

According to analyst Dan Ives, the PS4 has sold well above competitors, calling the 100 million “an impressive number.” For comparison, Ives said Microsoft (MSFT) has sold roughly 45 million Xbox consoles.

Sony hasn’t released a new generation console since the PS4 although it did debut an iteration, the PS4 Pro, in September 2016.

Sony is expected to introduce major improvements that could change how games are both played and designed with its newest yet-to-be-named console. The new generation device will feature faster load speeds, better graphics and improved audio.

It’s unclear when the console will launch or how much it will cost, but it probably won’t debut this year.

Source: CNN Buisness

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