Today during Sony`s Corporate Strategy Meeting, PlayStation boss John Kodera said the PlayStation 4 is entering the end of its lifecycle. While this could have a negative impact on Sony`s gaming division overall, it probably won`t because revenue from subscription services such as PlayStation Plus may help offset any decline in hardware sales, Wall Street Journal reporter Takashi Mochizuki quoted Kodera as saying. Importantly, Sony is not discontinuing the PS4 now or anytime soon, of course. The system is expected to continue to sell well, as new, exclusive games for it like The Last of Us: Part II, Spider-Man, and others come out.As some further important context, Kodera was talking to investors and analysts about the health and viability of the PS4 as a platform. Earlier this year, Sony said it expected to sell 16 million PS4s during the year, compared to 19 million during the year prior, so Kodera was more than likely attempting to contextualize and explain the downturn in sales and what that all means. And the wording about the PS4 entering the end of its lifecycle may mean the system still has many years left of viability, only that the console is not rising as fast as it once did as it relates to sales. And of course, that is expected, given the system was released almost a half-decade ago.The PS4 launched in November 2013, so it makes sense that the console would be entering the final stages of its lifecycle now given historical trends of consoles. The system has sold more than 79 million units by Sony`s latest count, which puts it just below the PS3 which reached 80 million units in 2013.Sony`s Game & Network Services segment, which houses the PlayStation business, is expected to remain a juggernaut for Sony, with PSN hitting 80 million monthly active users (which is up from 70 million this time last year). Additionally, Sony said it will look to add more PS Plus subscribers going forward, which will help Sony make more money on a regular basis. On top o ...
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