Half Of PlayStation Gamers Still Use PS4 Despite PS5's Strong Sales: Here's Why
Portfolio Pulse from Franca Quarneti
Despite strong sales of the PlayStation 5 (PS5), half of Sony's PlayStation users still use the older PS4. The slow transition is due to popular games being available on PS4 and a price increase for the PS5. Sony remains optimistic about future growth in monthly active users.
May 17, 2024 | 6:50 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sony's PlayStation 5 has sold over 59 million units, but half of its users still use the PS4. The slow transition is due to popular games being available on PS4 and a price increase for the PS5. Sony expects monthly active users to rise as more players transition to the PS5.
The slow transition from PS4 to PS5, despite strong sales, indicates potential challenges in increasing user engagement and revenue growth. However, Sony's optimism about future growth in monthly active users suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100