Sony PlayStation 4 Remains Key Despite PS5's Success

TapTechNews May 30th news, Sony Interactive Entertainment (SIE) stated that although the PlayStation 5 game console has been on the market for nearly 4 years (released in November 2020 and in China in May 2021), but the previous-generation PlayStation 4 is still an important part of the company's business, accounting for 50% of monthly active users.

At Sony's business meeting this Wednesday, Sony's new co-chief executive shared the latest progress of the PlayStation business and its future strategy.

Hideaki Nishino will become the chief executive of the SIE platform division on June 1. He said that PS5 is the most profitable generation of PlayStation products so far, and its operating income is close to the sum of all other products.

However, Hideaki Nishino also said that the monthly active console users of PlayStation 4 still account for half of its monthly active console users, reaching 49 million.

TapTechNews translated the relevant content of Hideaki Nishino in the conference call as follows:

As you can see, the PlayStation 5 user group has continued to grow significantly, accounting for half of our monthly active consoles.

PlayStation 4 is still an important part of our business, but the engagement of our PlayStation 5 players is even higher than that of the previous generation, and we expect these trends to continue.

According to Sony's data, PS5 users spend more time and money on games than PS4. According to Sony, PS5 users spend more on additional content (+176%), services (+57%), and peripherals (+34%) per console, but spend 12% less on full games.