Reuters
TOKYO — Don’t hold your breath for the fifth-generation PlayStation.
Sony Corp. wants to spend three more years readying its next videogame move, the head of the PlayStation business said Wednesday. That would mark a slight slowdown in the six-to-seven-year update cycle for the console since the first one in 1994. The PlayStation 4 went on sale in 2013 and has sold more than 79 million units.
“We will use the next three years to prepare the next step, to crouch down so that we can jump higher in the future,” said Tsuyoshi “John” Kodera, who took over last October.
Kodera spoke a day after Sony’s new chief executive, Kenichiro Yoshida, released his first three-year business plan. It included a conservative forecast for the videogame business, seeing operating profit in the final fiscal year of the plan, ending March 2021, slightly lower than the $1.6 billion it made in the year ended March 2018.
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