As it turns out, the PS2’s closest competition is one of its successors.
The PlayStation 4 is hitting sales numbers hard and fast. The most recent financial results announcement from Sony revealed the company shipped 100 million PS4 units. However, Sony also revised down its expectations for the console in 2019, expecting 15 million units shipped. All told, the company expects to hit 111.8 million PS4 units shipped by March 31st, 2020. Digital downloads have now surpassed half of all games sold for Sony, too—another sign of strength for the PS4.
While sales are down slightly this year, there’s a good reason for that. Consumers are waiting for the next generation of consoles and the install base of the PS4 is already huge. With that said, though, there’s a genuine case to be made for the PS4 eclipsing the PS2’s lifetime sales of 158 million units.
Why? Sony hasn’t cut the price of the PS4 to its most consumer-friendly—yet. If Sony reduces the price of the PS4 to $199 when next-gen rolls around, it will move a lot of new units. Having a cheap, budget-conscious option with an extensive games library will push the PS4 forward for years to come. If Sony’s fiscal year 2020 mirrors this one thanks to the price reduction, PS4 sales would only need to be strong for another three or four years.
Having a cheap, budget-conscious option with an extensive games library will push the PS4 forward for years to come.
It’s a big ask—the PS2 is legendary because its units moved are so impressive—but if anyone can do it, it’s the company that did it before. There’s also the fact that so many impressive exclusives are still in the pipeline for the PS4. That could further bolster sales.
With Death Stranding, Ghost of Tsushima, Final Fantasy VII Remake, and The Last of Us Part 2 all still on the way, the PS4 could genuinely push past PS2 sales when its life cycle finally comes to an end. Don’t just take my word for it, either. A lot of industry analysts are noting how strong the PS4 continues to appear to be:
This makes PlayStation 4 the fastest home console to reach 100 million unit sell in.
Faster than both the PS2 and Wii which were just behind.
It took PS2 a total of five years and 9 months. PS4 was just 5 years and 7 months. pic.twitter.com/g4Bk8sckYf
— Daniel Ahmad (@ZhugeEX) July 30, 2019