Popular analyst Michael Pachter believes that even until 2023, Sony will release its productions exclusively for PlayStation 4. There is not enough PS5 on the market to give up the huge base of users of older equipment – he explains.
“They can’t ignore PS4 until there is enough PS5 on the market to reach the level of sales required to make profits on the game,” explains the man in his show on the SIFTD Games YouTube channel.
You have to sell about 3 million copies to break even, and if there aren’t 7, 8, or even 10 million PlayStation 5s on the market, you can’t do it. At the beginning of the console cycle, he added that there are always exclusive games that drive hardware sales.
If they want to sell 20 million units for bigger games, they have to bet on old and new consoles. Honestly, I believe they will support PS4 until 2023. More PS5-exclusive games will begin appearing in 2022 and become the norm a year later, the analyst speculates.
PlayStation 5 sells rapidly, which should accelerate reaching the level whereas explained by Pachter – it will be profitable to release games only on new hardware. Sony has recently boasted of reaching the level of 10 million consoles, and by the end of March 2022, the plans assume reaching the level of 22 million.
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The analyst’s words about the number of copies sold seem to have some confirmation in the case of Ratchet & Clank: Rift Apart. This title – available only on PS5 – has so far sold 1.1 million copies, despite 10.1 million consoles in the hands of players.