Industry analyst Michael Pachter believes Sony didn't deem the expense to be worth the benefits received.
One less conference is ok Sony have earned it, heck we just got new PS games announced at TGS Project Awakening, Samurai Spirits, and Project Judge all look phenomenal
What in interesting turn of events. MS brings back a show they haven't done in years (X018) and now Sony cancels one they have been doing for many years. I'm sure PSX will return for 19 but it just seems like a strange coincidence.
One company is begging for consumer attention... the other isn't.
Maybe you are right Cmv, but the timing is what's most interesting. I can see Sony taking a break but to announce it after MS made the announcement about the return of their's... it's just weird. Your comment would make sense if it was the other way around. Sony annouces they are taking a break and then MS announces their return. That way it's more like MS taking advantage of begging for consumer attention.
How was this e3 different for Microsoft? The fact that they went agai st Phil’s statement of “we do not show off games early” to showing off games early to fluff their non existent library? I get so lost trying to see the spin some people do for Microsoft. As in, sometime paid shills just stand out. Do any of you ever ask what Microsoft’s intentions were for this gen? I mean, 8 years since they have made a new AAA game, 8 years since they had a year of gaming that was actually good... To go to empty promises and we “bought studios to finally make games”.., 17 years after getting into the console business. But, to quote EVERY Xbox fan kid ever.. wait till next e3. Microsoft will bring it. :/
it's not a coincidence. MS acquired new studios, they have a service base console, and they've won the cross play debate, sony is cutting costs, and this is just the beginning..... hope you'll enjoy cross play cause AAA games and services will take a ht because of the loss of revenue they will be predicting for the ps5. if you don't need to buy the console to play Fornite and other big games why buy one. you can play with your friends, unlike when the ps4 was launched.
Darth Sony just did the righteous thing and let Microsoft have one minute in the lime light. PETTY CHARITY 😂👍👍
Xbox and Switch will always be seen as the industry's antagonist to PlayStation because of the lame ass anti-consumer moves they made.
It's funny xbox having a show is a bad thing and sony not having one is good. On n4g sony fans move the goal posts at will.
Quote: "Sony cancels one they have been doing for many years. " When they had announced the date for 2018?
@sampsonon lol.....what an incredible overreaction.
@digger, I dont know about the 2nd date in 2018 but there was one previously this year. Here is more info (and the history of it) cause I see you seemed interested: https://en.wikipedia.org/wi...
@darth If there was no official date announced for PSX 2018, you can't cancel what wasn't announced. LOGIC
Yeah PS has done so much this gen they are most likely saving surprises for 2019 or PS5 reveal/2020.
I like him, but once again Pachter doesn't know what he's talking about! Sony have been open about why there is no PSX this year; PlayStation US boss Shawn Layden said "We wouldn't have enough to bring people all together in some location in North America to have that event." In a year that Sony have delivered several big hitter titles including God of War and Spider-Man, what this means is that Sony don't have enough new games to reveal at this time. That they don't want to have a PSX without enough new content. You can't get more direct than that.
Sony have earned it? After E3??
Yes. Sony have been bringing the games almost all gen they deserve a break
Sooo, that proves ps5 IS coming 2019
In your dreams
The joke -----> you
Sure, why not. or it doesn't. who knows. Why do people want the next gen to start so bad? this gen is going great right now.
@rainslacker Maybe because Sony didn´t announced or show any new first party game for the PS4 this year? Add that to the fact Bethesda announced TWO big AAA RPGs for next gen consoles and now we have Sony skipping PSX18. That goes without mention the rumors about PS5 dev kits has been in the wild for some time now. I think gamers has enough elements to come to a conclusion that a PS5 announcement is pretty much around the corner. ;)
"Why do people want the next gen to start so bad? this gen is going great right now." For some, they are desperate for this gen to be over it seems. Also, seems like they expect Sony to be the one to say when one ends and one begins. They are hanging on Sony's every action while reading tea leaves. Doesn't take much to figure out who the undisputed leader of console video gaming is, does it?
@Obscure Those are reasons why it may come sooner rather than later. I'm not sure what that has to do with people seeming to want next gen so badly. Personally, I feel like the gen is going great right now. Lots of good games, and I'm in no hurry to see it end for the next gen where everything seems to lurch along for a year or more before we start seeing the stuff that actually takes advantage of the gen.
I do think in some sense the PS5 may play into it but not because it's coming in '19. Rather because they have a FULL SLATE of games already announced releasing in '19 that they've shown a billion times along with some titles that will slip into '20. Considering PS5 may possibly be on the horizon for '20-21 it only makes sense. Any new products in production are targeting PS5 launch while we've now seen a bulk of what's left in store for PS4. Highly hypothetical but at best that's how PS5 plays into this cancellation.
Or it’s just to stop people bitching they are showing off the same games again. They are better off getting what they’ve announced already near their release dates before they show more off
it's true, they would be showing more or less everything they already showed off at E3.
I prefer them not showing off games they already showed multiple times! It kills the hype for me.
Or its because they're like.. we don't need to spend money on a conference.. xbox is already dead. Why bother..
I really don't think Sony does anything to just avoid the people bitching about the stuff they do. They know that for the most part, the vast majority of the audience doesn't even pay attention to that kind of stuff, so they'll just do whatever marketing they feel is necessary.
Not really. PSX17 was underwhelming and gamers has been vocal about their last events format which become smaller than their previous ones. Besides, Shawn Layden himself said that they didn´t want to set expectations really high regarding PSX18, only to just let people disappointed next! His statement is pretty much a response they got from Playstation gamers feedback.
Business-wise, PS5 Must release next year... the PS4 is dated already and as a smart company, you don't wait till sales decline 70% before you make a move. The PS4 sales is already showing 13.5% sales decline yoy. Considering also, the Xbox 2 will likely release 2020, Sony would want a repeat of current gen, where it had a one year head start. People screaming 2021 have no idea how to run a business. Sony is not a charity organization and it's answerable to investors. Sony do no work based on sentiments, the PS2 was still selling like HOT CAKE when PS3 was released. However, the emergence of PS5 doesn't mean the death of PS4. I can say without fear of contradiction that GOT, Death Stranding and The Last of US II are cross gen titles with the Last of US II being a lunch title for the PS5. Morealso, Sony will announce a price cut for PS4 Pro at $249, discontinue the base PS4 and move on with the Pro and PS5 at $399 for the next foreseeable future. Save this information and take it to the bank!
Sony didn't have a year headstart on Microsoft this gen, they launched the same month pretty much...
Edit: Considering also, the Xbox 2 will likely release 2020, Sony would not want a repeat of last gen, where the xbox 360 had a one year head start. Fixed!
@Proudly, but that 1 year head start didnt really help ms in the end. they still sold less consoles than playstation did
"PS5 Must release next year... the PS4 is dated already and as a smart company, you don't wait till sales decline 70% before you make a move. The PS4 sales is already showing 13.5% sales decline yoy. " That is US only. We won't see worldwide numbers into end of fiscal year financials. And the year isn't over. Spider-man and RDR2 bundles this fall will boost sales significantly. Regardless, PS4 is still the leading console in sales in 2018. But if Sony needs to boost console sales then they can always drop the price of PS4 as you say, but not nearly as much as you think. $249 for the Pro? LOL. Don't be ridiculous. Sony obviously feels extremely comfortable with market share as it is as even a slight slowdown in demand as not prompted them to adjust the price slightly. So the conclusion that Sony "must" release PS5 next year is simply not correct.
Don't feed the suspiciously named troll.
@bigmalky I don't think he is necessarily trolling. I think in this instance he's just added 2 & 2 together and came up with 5. Carl's comment above highlights the flaws in his predictions perfectly. I like Carl's comments.
This guy is one of those annoying people that think they know what they're talking about when they really don't.
@JaXion5.. You obviously have no idea what you are talking about.. If the PS5 doesn't release in 2019, I have a gift for U.
You make some reasonable points. However, Sony did not release the PS4 a year early. Nor, did they release the PS3 a year early (actually a year later than the X360). If you are referring to the Pro, then yes Sony may want to continue that path of being out front. But, I doubt they are looking at it that way. Other than that, you correctly are breaking down some business aspects that Sony is dealing with now. These data points are not unusual and are repetitive from the previous two PS generations. You correctly point out the PS is in its twilight years. As such the console is decreasing in year to year in overall sales. Not drastic reductions.it was around 15% last year and a 20% decline is estimated this year over the previous year (Sony has admitted this in both public statements and in their financial statements) And as they lowered prices on their base and most popular console they are also receiving less profit on each device. Initially lowering is to keep sales up now and grab more price-conscious consumers while maintaining increasing growth. Expecting in turn games and services keep selling by the increasing population to make up for that console profit loss. There are many aspects going into when is the right time to move to a new product while the current product is doing well. But several aspects are happening as you noted already that affects general revenue. Another aspect you don’t mention is that later buyers of the console have quite lower attachment rates. They neither buy games nor purchase services at the same rate as the earlier adopters. Earlier adopters (those that purchase the console in the first three years) have an almost 50% higher per year average attachment rate than those that buy the console from the fourth year onward. This is not the actual numbers but just an example: over a lifetime of ownership early adopters may have 6 games a year on average and 60% may purchase PSN. But late adopters on average have 50% lower lifetime sales on average and that means they average 3 games per year of ownership and only 30% get PSN. Even though Sony is growing the population of owners their return on their investment becomes more expensive with a notable less return in profits to their bottom-line. It is also important to note early adopters also start to have a slight drop in their normal purchase rate around the 4th year (Sony starts to make less money yearly on those early adopters as well). Sony wants to grow revenue and with that profits. To do that they bring out the new console. It allows them to get those early, and much more affluent purchasers back into higher buying patterns. And the pattern repeats. Sony gets early adopters spending more. Keeps later adopters happy for several years by supporting their older system for several years more, and hopefully gets them to move one when that device no longer receives the games. Maybe even make some of those late adopters. early adopters. Many gamers think PS4 has much more life in it (saying 2022/2023 is the time for a new console). That is being selfish. But, there is nothing wrong with being selfish. Consumers should always be selfish. They should always expect/want the best deal for their dollar. Wanting the PS4 to continue for more years is selfish but, a natural reaction for the best return on your consumer dollar. Sony as a company, as any company should be, is a selfish beast as well and wants the consumer to spend as much as they can get from them (more profits). Squeeze that turnip. In most cases, there is nothing wrong with that. They want to keep/make more profit from products. There is this equilibrium that must be met. One where Sony and the customer have balance in their selfish behaviors. Looking at the pattern of growth of revenue/profits for Sony PS4 now slowing we are definitely approaching that equilibrium point.
You are seeing clearly buddy. I am tired of these peeps who don't understand how business works. They keep screaming PS4 is stretching its legs, just because it's selling faster than the Xbox One. Emotions don't run business, it's planing and strategy. They can scream their face blue, black. The PS5 is coming next year!
That was huge load of unsubstantiated fluff.
You and Proudly X should go into business. Neither of you know what you’re talking about. If the PlayStation does come next year cool. But that doesn’t mean you guys know what you’re talking about.
you had me until "discontinue the base ps4"...they have zero reason to do that until ps5 comes out; especially considering they could sell it cheap and break more records.
@Proudly X "Morealso, Sony will announce a price cut for PS4 Pro at $249, discontinue the base PS4 and move on with the Pro and PS5 at $399 for the next foreseeable future." See a problem with what you typed? See it? I'll give you a clue, a person walks into a store and sees a PS5 for $399 and a PS4 Pro for $399, which one you think people will buy? Ill give you a clue, it aint the PS4 Pro.
And he says he understands how business works. :P
@shaggy2303, You probably did not understand me. The Pro will retail for $249 and the PS5 will retail for $399. Ought to be: "Morealso, Sony will announce a price cut for PS4 Pro at $249, discontinue the base PS4 and move on with the Pro at $249 and the PS5 at $399 for the next foreseeable future."
@Proudly X It could happen..........but I still think PS5 is more of a 2020 console. I guess we'll find out in about 12 months time.
PS5 2020, TLOU2 launch title. PS4 will not play PS5 games but you can bet the PS5 will play PS4 games.
The sales of the PS4 aren't likely to decline by 70% within the next couple years, particularly not next year. The only reason that may happen is if a competitor releases another console, but even then, that isn't a given. Releasing at the same time as the X2 will also probably benefit Sony if they manage to do the right things again, and it'll appear that they support their consoles longer, since MS will essentially be jumping to a new hardware a year sooner than than PS, as they released the X1X a year after the pro. I do think 2021 is a bit of a reach though. 2020 seems more reasonable. I also think cross gen titles for their late gen games is a great possibility, and its even possible that both versions will be included on the same disc, although it's been proven that remasters of late gen titles can also sell well, so Sony may try to double dip.
I'm sorry, does he know something we don't?!?
So this has nothing to do with cost savings (Patcher saying it makes it the opposite of so)
It’s very simple. Sony isn’t ready to announce anything right now. All their unannounced titles are probably ps5 titles and will be revealed at E3 or at the ps5 reveal date. Pachter is clueless. Sony is printing money right now. They can afford psx
I am not sure Patcher has got 15% of things right. He just takes free pay, that's a good job for passive income you know. I repeat, Patcher doesn't know jack. Everyone already knows PS5 is coming next year...
"Everyone already knows PS5 is coming next year..." oh bullshit. No one knows anything.
According to Shuei Yoshida the unannounced games are for ps4 https://www.google.co.nz/am...
Sony won't be releasing the PS5 until 2020 at the earliest.
Pachter doesnt know much but im sure he does have insiders within the industry. One thing is for certain, if there is no ps5 at e3 2019 or before, its most likely comming in 2019. I would actully prefer a launch earlier in the year in 2020 similiar to how the Nintendo Switch launched. Maybe have an event late 2019 like tgs, psx, ect and give some info and then in early 2020 show price, console, games, and release date.
Seems like to some folks think that any move Sony makes now in days is related to the ps5 coming out soon. I swear people are really trying to will it into existence from the netherworld. I'm not trying to pay another 500 or whatever so soon, especially when it feels like the ps4 is just now stretching it's legs.
PS4 is dated.. The better you wake up to reality the better for you. You can't pay 500 bucks after 6 years but you can ditch out 1000 for an iPhone year after year. Pease take a seat!
Dated for who? Doesn't feel dated to me. It does exactly what I want it to do, and that's play games. Btw, i don't own an iphone, and don't plan on owing one in the future. To cheap to waste my money like that.
PS4 is dated. -End of Story-
@Proudly then Xbox is dated and needs to bring out their new console next year too
PS4 is dated, so you say. Yet I'm still playing some of the best looking, and best made games available. What exactly will them releasing the PS5 in 2019 give me that I couldn't wait until 2020 for? Also, it's quite the stretch to think everyone shells out $1000 for a new phone year after year. Most people are on two year plans where the cost is greatly subsidized, and even then, the number of new phones sold every year is less than 10% of the total market. You seem really vested in wanting the PS5 to release next year. Your fervor for trying to convince others this is the case borders either on an insecurity on your part to be taken seriously, the need as some kind of fan boy to hope it happens for God knows whatever reason, or you're just a troll with absolutely nothing meaningful to discuss or add to the subject. "PS4 is dated. -End of Story-" This is like putting "fact" at the end of a comment as if that somehow makes it a fact. It's stupid and in no way substantiates your argument, yet it seems to be the new thing to avoid any kind of real meaningful discussion. You put up other arguments which at least try to justify your position, but now you're just looking like you're desperate for attention, which sadly, you're getting.
Yet when Sony say something that actually indicates when it's coming people say they're wrong
@rainslacker You sire are a lazy troll. If you took time to view my profile, you'd realize I ain't just typing from a little cubicle. Whether you like it or not, the PS5 arrives next year.
see, it's already started. Sony will be cutting their budget and also raising prices for services to make up for the future console sale losses because of cross play. i will remind everyone every time they cut or raise the prices because i know what I'm talking about. i don't care what others say. welcome to cross play folks.
Well, Pachter can eat my shit. That's what.