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 StrandingGhost of TsushimaFinal 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:

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Cody's Take

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Sony has been demonstrating its business savvy with PlayStation for years at this point. Would it really surprise anyone if we got a $199 price point for a PS4 soon? It makes sense from a business perspective, especially with the PS5 on the way.

If that’s the case, I wouldn’t be surprised to see the PS4 become the best-selling console of all-time. It hit 100 million faster than the PS2 and Wii, its chief competitors in lifetime sales. With consoles looking to remain expensive at launch, there will be a lot of consumers with budget constraints looking for other options.

I wouldn’t be surprised to see the PS4 become the best-selling console of all-time.

That’s where PS4 comes in, with the console’s game library being one of the strongest ever. That library gets more impressive later this year and even more so in 2020, too. Selling $200 previous-gen consoles gets a lot easier when it has dozens of critically-acclaimed exclusives to choose from.

Will we ever see the PS2 lifetime sales figure be beaten? It’s going to be difficult for any console, but honestly, it’s a familiar face in the PS4 that could get it done. I can’t wait to see how Sony’s strategy for the PS4 evolves over the next few years. We all know the PS5 is going to be a big deal, but I think Sony might manage to keep the PS4 in the limelight, too.

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