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Sony CEO Believes PS4 Will be More Profitable Than PS2

By - Source: GamesIndustry.biz | B 20 comments
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Sony CEO Kaz Hirai expressed confidence in PlayStation 4's ability to pull in revenue.

In a corporate strategy meeting, Sony CEO Kaz Hirai showed his confidence in PlayStation 4's performance, to the point where he claims that Sony's newest console can surpass the success that the company's best-selling console—the PlayStation 2—had.

"It is likely that PS4 will become the platform which exceeds the profits earned with PS2," stated Hirai.

The PlayStation 4 has so far sold 7 million units worldwide last year, a far cry from the 155 million units that the PlayStation 2 has sold. However, Hirai's confidence in the PlayStation 4 doesn't mean he believes that the PlayStation 4 is going to outpace the PlayStation 2's unit sales. Rather, the PlayStation 4 has different revenue streams to tap into, such as digital sales.

This is all good news, considering the dismal state that Sony is in. Last year, it lost $1.24 billion USD and the company projects it's going to lose another $500 million USD.  

Add your comment Display 20 Comments.
  • 5 Hide
    Draven35 , May 27, 2014 3:36 PM
    IF they really expect that, they need to get the price closer to the PS2.
  • 9 Hide
    hakesterman , May 27, 2014 5:20 PM
    I doubt that will ever happen simply because i don't believe the life cycle of the PS4 will be 7 years like it was for PS3. I think the PS4 lasts 3 years before developers say give us a bigger CPU and 4 more Gigs of GDDR Memory.
  • 5 Hide
    icepick314 , May 27, 2014 5:27 PM
    Didn't Sony say same thing to PS3 launch?
  • -1 Hide
    neon neophyte , May 27, 2014 5:57 PM
    they are crushing microsoft in this gen and it is only going to get better for sony.

    with each game release people are finally seeing just how under powered the xbox one is compared to ps4.

    lower resolutions, studdering. it just becomes more apparent with each game release.

    really though, i said this was going to happen before the system even launched. you just had to look at the hardware to know.
  • 8 Hide
    dstarr3 , May 27, 2014 6:27 PM
    The next generation of consoles will have vastly superior hardware and will finally be able to deliever 1080p@60fps minimum on all games, just after we've all upgraded to 4K.
  • 0 Hide
    Shin-san , May 27, 2014 6:35 PM
    It's possible. The PS4 might actually be sold close to profit

    Quote:
    The next generation of consoles will have vastly superior hardware and will finally be able to deliever 1080p@60fps minimum on all games, just after we've all upgraded to 4K.
    Hopefully you are right, but something tells me that the resolution will probably drop to 720p again
  • 0 Hide
    alextheblue , May 27, 2014 6:56 PM
    Quote:
    with each game release people are finally seeing just how under powered the xbox one is compared to ps4.
    Actually looking at reliable, unbiased sources tends to give the conclusion that they're both very close. Side by side with identical displays most users would have a hard time telling the difference. With that being said XB1 is a bit harder to work with and get the most out of - you have to utilize the eDRAM and move engines to their fullest. It's still easier to develop for than the previous gen, especially PS3.

    Anyway, back to the original subject. I think Kaz is correct if you take him literally. However, if you adjust for inflation, I'm not so sure. If you adjust for the larger audience (more gamers) it doesn't look as good. PS2 era will be hard for them to truly top. Although personally I thought the Dreamcast was a better system. :p 
  • -1 Hide
    iam2thecrowe , May 27, 2014 8:17 PM
    I say bring back true consoles, and they will sell, i dont call xbone and ps4 consoles, i call them media centre pc's. Bring back rom cartridges, i mean really, we shouldnt have to install games from a disk on a console, or spend hours downloading, just plug in the cartridge and play, no loading screens. We hve come far enough in flash technology that it can be done cheaply now.
  • 0 Hide
    jdog2pt0 , May 27, 2014 8:32 PM
    I really have a hard time believing that unless the video game industry goes through some major changes. If you look at things now vs where they were, the amount of quality (and amount in general) of games being released is a far cry of what it once was. Developers don't want to take risks anymore, and are instead only focusing on what they know sells, along with the fact that the budgets that go into making games anymore are absurd.
  • 1 Hide
    neon neophyte , May 27, 2014 8:35 PM
    if they were close xbox1 wouldnt be running lower resolutions is half the games or having screen tearing issues where ps4 does not. or studdering.

    they arent that close.
  • 0 Hide
    bustapr , May 27, 2014 9:00 PM
    Quote:
    Didn't Sony say same thing to PS3 launch?
    the difference between the ps4 and ps3 is that the ps3 was extremely expensive at launch, recieved alot of negative press when they decided to make changes, and jept on making changes to this day. The ps4 doesnt have this problem as it launched at an affordable price and was universally approved by console fans from the start. If Im not mistaken, Sony mentioned that the console is being sold at just $60 below manufacturing price, so they can easily make a profit from each console sold whereas it was almost impossible to do that with the ps3 early on.

    the ps4 is currently selling quite fast and seems to be making a good pace to bring Sony their most profitable year ever. It isnt as farfetched as with the ps3.
  • 3 Hide
    Durandul , May 27, 2014 10:10 PM
    Quote:
    I doubt that will ever happen simply because i don't believe the life cycle of the PS4 will be 7 years like it was for PS3. I think the PS4 lasts 3 years before developers say give us a bigger CPU and 4 more Gigs of GDDR Memory.

    You'd hope, but look at last gen...
  • 0 Hide
    neon neophyte , May 27, 2014 10:18 PM
    to be fair, last gen started off quite strong. an xbox 360 or ps3 were comparative to high end computers. better in some respects even.

    current gen is already 2 steps behind.
  • 0 Hide
    gio2vanni86 , May 28, 2014 12:51 AM
    Quote:
    to be fair, last gen started off quite strong. an xbox 360 or ps3 were comparative to high end computers. better in some respects even.

    current gen is already 2 steps behind.


    They were even but not close, we still were playing at 1080p while consoles were barely at 720p. At one year later we were already boosting ahead.
    http://www.pcpowerplay.com.au/2013/09/nvidia-interview-the-sky-isnt-falling/
  • 0 Hide
    falchard , May 28, 2014 1:24 AM
    I feel the console market will never reach what it once was. Its clear as day the market has shifted into other sectors like mobile, tablet, and PC. At $500, a console really isn't much of a selling point anymore.
  • 1 Hide
    tomfreak , May 28, 2014 2:26 AM
    Sooo in other words they gonna make money on digital sales = games are not going to be as cheap as steam?...... I PASS, Master race better in the looong run.(if u buy enough games)
  • 0 Hide
    icemunk , May 28, 2014 5:14 AM
    Well, I'd say within 2-3 years, we will start seeing phones/tablets with teraflop+ GPUs. Now, depending on how Sony capitalizes on that will be a big factor; but the PS4 doesn't have a 7 year outlook like past consoles did.
  • -1 Hide
    mobrocket , May 28, 2014 5:18 AM
    I think he could be very right. PS3 was about introducing blu ray. PS4 is about making a game system like the PS2

    As the console matures, it will only get better and cheaper for Sony...

    After cutting some of the fat, Sony should be in good shape by next year
  • 1 Hide
    MidnightDistort , May 28, 2014 6:27 AM
    I don't know about that though the PS4 seems really well built but with the economy the way it is, i don't believe the PS4 will be as profitable as the PS2 was.
  • 0 Hide
    may1 , May 29, 2014 1:20 AM
    Which means, longer time before PS5 comes out....
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