PlayStation boss says PS4 is reaching the final phase of its life cycle

PlayStation 4 Pro review
Julian Chokkattu/Digital Trends

Rumors and speculation about Sony’s next console have swirled for years. And although the PlayStation 5 is not expected in the near future, Sony Interactive Entertainment CEO John Kodera acknowledged the inevitably of the PS4’s end at Investor Relations Day 2018 in Tokyo. According to the Wall Street Journal’s Takashi Mochizuki, the PS4 is nearing its final stretch before the finish line.

The “negative impact to the the unit” statement is a bit ambiguous, but this could suggest that PS4 consoles could price drops below the manufacturing cost as its lifecycle winds down. As of now, PS4 slim 1TB units go for $300, and the more powerful PS4 Pro typically sells for $400, often bundled with a game. Those figures are fairly high for a console that will see its five-year anniversary this November. Kodera’s belief also seems to reflect the fact that PS4 sales will likely stagnate as the console ages and consumers hold off for the next console generation.

While no one knows when exactly Sony will move on to the PlayStation 5, Kodera had this to say about future growth:

Many analysts and reports have pegged the PS5 for a launch date ranging from 2019-2021. Kodera’s “March 2021” window suggests that the PS5’s launch could be closer to the end of that range.

As for what to expect from Sony going forward, Kodera made sure to note Sony’s dedication to first-party titles. In addition to turning existing titles into ongoing franchises, he mentioned “refreshing” known franchises.

With the recent launch of God of War, we saw firsthand how successful Sony can be retooling tried and true intellectual properties. Sony currently has a number of exclusive titles slated for upcoming release on PS4, including The Last of Us Part II, Death Stranding, Detroit: Become Human, Ghost of Tsushima, and Days Gone. Kodera’s remarks make it seem as if Sony still has more unannounced exclusives planned before the PS4’s life cycle ends.

Most of Kodera’s statements to investors were positive, but he acknowledged that two PlayStation ventures aren’t going as smoothly as expected. PlayStation VR is seeing growth, though it’s lagging behind company expectations. And PlayStation Vue, Sony’s PS4 streaming service, is having a tough time against its numerous competitors.

Emerging Tech

Awesome Tech You Can’t Buy Yet: Self-balancing skates, tiny tripods, and more

Check out our roundup of the best new crowdfunding projects and product announcements that hit the Web this week. You can't buy this stuff yet, but it sure is fun to gawk!
Deals

Check out the best Xbox One deals and bundles for September 2018

Microsoft's consoles are just as capable of streaming movies as they are of playing the latest games. Check out our top Xbox One deals and bundles, which include new and upcoming triple-A games like Battlefield V and Fallout 76.
Movies & TV

'Venom' is all tooth and tongue in the latest movie posters

Tom Hardy will play the lead role in Sony Pictures' Venom. Here's everything we know about the solo feature for the popular Spider-Man spinoff character ahead of the film's 2018 premiere in theaters.
Gaming

Best family-friendly games both parents and kids love

There are a wealth of great games out there that both parents and kids can enjoy together. We compiled a list of 30 games across all genres that are sure to make family game night a great time.
Movies & TV

Avengers 4: Everything we know about the ‘Infinity War’ sequel

The events of Avengers: Infinity War changed the Marvel Cinematic Universe in some big ways and left fans wondering how its heroes can possibly recover. Here's everything we know about Avengers 4, the sequel to Infinity War.
Gaming

‘Assassin’s Creed Odyssey’: Everything you need to know

Ubisoft will release Assassin's Creed Odyssey in October for consoles and PC. Here is everything you need to know about the next chapter of Assassin's Creed, including the story and setting.
Gaming

‘Pokémon Go’ could be a game for everyone — but it isn’t there yet

Recent content and feature updates for Pokémon Go have brought it closer to being a game for everyone, but will Niantic be able to tackle the game's most glaring issues before the launch of Pokémon: Let's Go?
Computing

Our favorite gaming desktops make the latest consoles look pathetic

PC gaming doesn't always come cheap, but it doesn't have to be extortionate either. In this guide we've put together a list of the best gaming PCs you can buy, with everything from the big and flashy, to the super compact.
Gaming

You're not a true Nintendo fan without these Nintendo Switch exclusives

Who doesn't love a good Nintendo game? If you're looking for great first-party titles for your Nintendo Switch, take a look at our list of the very best exclusives available right now.
Mobile

OnePlus’ ‘Crackables’ includes puzzles in both the digital and physical worlds

OnePlus and Google teamed up on a new puzzle game that exists in both the physical and digital worlds, and will lead to a winner getting the "ultimate gaming setup." The game comes a few months before the expected release of the OnePlus 6T.
Deals

Black Friday 2018: When it happens and where to find the best deals

Black Friday is the biggest shopping holiday of the year, and it will be here before you know it. If you can't wait until November 23 to start formulating a shopping plan, we've got you covered.
Gaming

Get a Double Helix set and 1000 V-Bucks with Nintendo Switch’s ‘Fortnite’ bundle

A new Nintendo Switch bundle launching in October includes free in-game V-Bucks currency for Fortnite, as well as additional digital goodies. The game supports crossplay with most other systems.
Gaming

Chug some booze and belt out battle songs in 'The Bard's Tale 4'

From the same developers behind Torment: Tides of Numenera and Wasteland 2, comes a long-awaited sequel to a classic RPG/dungeon crawler series. Fans can get The Bard's Tale 4: Barrows Deep starting today for PC on Steam.
Gaming

Seth Rogen sets Twitter ablaze with secret ‘Duck Hunt’ trick

Actor and comedian Seth Rogen let Twitter users in on a little secret about the classic Nintendo game Duck Hunt. If you remember playing it back in the '80s, you might want to sit down.