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Sony Corp (ADR) (SNE) Appears Uncertain About PlayStation 5; Here’s Why

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It is our dearest hope that this doesn’t turn out to be true

In what would appear to be a very surprising news, Sony Corp. (NYSE:SNE) is reportedly not very confident about a PlayStation 4 successor. This news is brought to us by Game Informer’s Lorne Lanning (via Attack of the Fanboy), who had a nice private dinner with the President of Worldwide Studios, Shuhei Yoshida.

During their conversation, Lorne asked about the next PlayStation. He asked “What does the PlayStation 5 look like?” to which Yoshida-san replied “You mean if?”

The conversation continued with Yoshida-san reconfirming what he just said and hinting at the possibility that Sony has not yet decided upon a PlayStation 5.

Rumors like these often pop-up and are nothing new to gamers. People went on to say how the previous generations was going to be the last for consoles, but look at where we are now. From “consoles are dying” to the massive success of the PlayStation 4, there is ample evidence to suggest that consoles are going nowhere at least for now. If this generation has taught us anything, it’s that consoles have a dedicated fan-base that demand these boxes.

But perhaps what makes this news more concerning is the possible fact that Sony will be changing strategies this generation. The firm is rumored to launch a version of PlayStation 4 that is not a successor, but an upgraded version of the existing hardware. This is a deviation from the path that Sony and every other console manufacturer usually follows.

From a financial standpoint, it makes every bit of sense for Sony to continue making PlayStation products; it has become the most successful division with the PlayStation 4. Given the mammoth sized success of the console, it must be a challenge for Sony to introduce a successor that matches the momentum, if not surpasses it.

 

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