Sony PlayStation 4 and Microsoft Xbox One sales boost could mean BIG price drop – Express.co.uk



While the PlayStation 4 continues to dominate the console market, Microsoft have confirmed in recent weeks that their Xbox One products remain highly profitable.

Xbox Games revenue was reported to have risen by 4% in Q3,with Xbox Live users now counting toward 52m active accounts.

Sony meanwhile have been celebrating their PS4 console range shipping 60 million units worldwide, a great feat by anyone’s standards.

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Sony’s gaming division is reporting profits of £944 million, which is the biggest since 1998, and if PS4 sales carry on like this, Sony’s latest console could even hone in on the PlayStation 2.

Sony themselves believe they can sell a lot more gaming machines in the upcoming fiscal year, and they’re not the only ones who think that console sales will be on the rise.

During an EA earnings report, CFO Blake Jorgensen revealed combined sales of Sony’s PS4 and Microsoft’s Xbox One machines stood at 79 million at the end of calendar year 2016.

Jorgensen also added that EA expects “sales of current generation consoles to continue to be strong, with the installed base growing to 105 million consoles.” 

Breaking it down with the data to hand, that could mean around 75m PlayStation 4 and 30m Xbox Ones sold by the end of 2017 (the above projection does not include Nintendo Switch sales).

Sony have already come out saying that they hope to sell another 18 million consoles in the upcoming financial year.

And some analysts have backed this number, providing there is some kind of price drop heading into holiday 2017.

If a Sony PlayStation 4 price drop does arrive, you can almost certainly expect something similar with Microsoft’s Xbox One.

It may even make sense for the base Xbox One console to drop in price, what with the launch of the Project Scorpio planned for near the end of 2017.

It should be noted that at this time Sony have yet to confirm anything like a PS4 price drop coming our way, although fans definitely wouldn’t complain if something like that did happen.

Michael Pachter, analyst at Wedbush Securities, believes there’s more to the 18m unit estimate than Sony are letting on, perhaps even pointing to a PS4 price drop.

Speaking to Gamingbolt, Pachter gave his take on the possibility of PS2 sales figures and whether a retail cost cut is on the cards.

“I don’t think it will outsell the PS2, mostly because the competition from Xbox and Switch will soak up too much of the addressable market,” he said. 

”Yes, if they price the PS4 correctly, they can sell another 18 million, and I think the forecast suggests that there is a price cut coming.”


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