PS4 Sales Begin to Show Signs of Decline After Massive Success

PS4 Sales Begin to Show Signs of Decline After Massive Success

Sony's PlayStation division thrives.

Sony has a real winner on its hands with the PlayStation 4 and that fact is only bolstered by the latest earnings the company posted today. According to Sony, 76 million PS4 consoles have been sold in its lifetime, with 19 million sales from 2017 alone.

According Sony's earnings report, the company took in a revenue of 8,544 billion yen (~$78.1 billion USD) and a profit of 734.9 billion yen (~$6.7 billion USD). The PlayStation division alone made 177.5 billion yen (~$1.6 billion) which is larger than any other division in the company. And remember, Sony has a lot of different product departments.

Lots of PS4 consoles going around.

A closer look at the numbers reveal that in 2017 Sony sold 19 million PS4 consoles in the fiscal year. Down from 20 million in 2016. PlayStation profits also came from an increase in PlayStation Plus subscribers and a strong software lineup.

In 2017, Sony shipped several exclusive titles to great commercial and critical success. There were award-winning games like Horizon Zero Dawn, blockbuster mainstays like Uncharted: The Lost Legacy, and one of our game of the year contenders Nier: Automata.

Sony is looking to continue this trend with games like God of War, which is already receiving stellar reviews, and Insomniac's Spider-Man, which got a full reveal recently. May will also see the release of Detroit: Become Human which recently went gold.

However, Sony warns that fiscal 2018 will see this success wane and that projected revenue is expected to fall to 8,300 billion yen (~$76 billion USD). Profits will also drop to 670 billion yen (~$6.1 billion USD). The lowered profits aren't necessarily due to the PlayStation 4 (remember, Sony makes a lot of products) but the PS4 is still getting on in age. Many are wondering when the next console generation might happen, though reports suggest it won't be for a while.

Regardless, with 76 million units sold, the PS4 is fast-approaching the official lifetime sales of the PS3 which moved 80 million units. The decline in PS4 units shipped in fiscal 2017 is likely to continue until the point where the current console makers determine it's time for a refresh in the console life cycle.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. See our terms & conditions.

Matt Kim

News Editor

Matt Kim is a former freelance writer who's covered video games and digital media. He likes video games as spectacle and is easily distracted by bright lights or clever bits of dialogue. He also once wrote about personal finance, but that's neither here nor there.

Read this next

Horizon Zero Dawn Weapons: How to Get the Best Weapons

To survive the mech-filled wilderness of Horizon Zero Dawn, you'll need to get kitted up with the best weapons. This weapons guide will yell you how to get them.

Horizon Zero Dawn Tallnecks Locations: How to Find All the Tallnecks

Like a cross between Assassin's Creed towers and a giraffe, Tallnecks fill in the map for you. Here's how to find and climb the Tallnecks in Horizon Zero Dawn.

Horizon Zero Dawn: Metal Flowers Locations - Find all Flowers

Finding special metal flowers in Horizon Zero Dawn will get you some nice rewards when traded in at a merchant. This guide will tell you where to find all 30 of them.

Horizon Zero Dawn: Where to Find the Power Cells to Unlock the Ancient Armor, the Game's Best Outfit

Here's how to unlock the best armor in the game. This guide will help you find the power cells in Horizon Zero Dawn. Power Cell locations guide.

Horizon Zero Dawn Tips and All Item Locations

Guide and tips for crafting your way through Guerrilla Games' open world action RPG, Horizon Zero Dawn.

God of War Walkthrough - Beginner's Guide, Combat Tips

Our complete God of War walkthrough includes collectible locations, puzzle solutions, Valkyrie boss fights, armor upgrades, and much more.

7 Games to Play After Watching Neon Genesis Evangelion on Netflix

Grab a glass of Tang and play these classic games after watching Evangelion on Netflix.

More News

Spiritfarer's Art Director on Encouraging Relaxation, Exploration, and Just Chilling on a Boat

How Spirited Away led to a cozy management sim about the afterlife.

Borderlands 3's First Limited-Time Event Will Be a Free Halloween Ghoul Hunt

All Borderlands 3 players will have a few weeks to scoop up some creepy loot and take down a boney boss.

Street Fighter 2's Creator on Why Blocking Was Once a Controversial Issue

A creator and a pro sit down to talk blocking in fighting games.

More on PlayStation 3

GTA 5 Cheats

Discover all the GTA 5 cheats with this handy GTA V cheats PS4, GTA 5 cheats Xbox One, and PC guide. Plus get all the GTA V cheats for Xbox 360 and PS3.

Dragon's Dogma Is "Important" to Capcom, but There Isn't a Sequel on the Horizon

The game's creator Hideaki Itsuno won't say if he'll revisit it after Devil May Cry 5.

One Developer Coming Forward Over Alleged Abuse Sparks Industry Movement

Allegations of abuse have risen this week against Skyrim composer Jeremy Soule, Night in the Woods co-creator Alec Holowka, and more.

10 Years Ago, Batman: Arkham Asylum Showed Us That Superhero Games Could Be More

Nothing before could capture the Dark Knight quite like Arkham.

What's The Best Video Game Spaceship?

COMMUNITY QUESTION | In honor of No Man's Sky Beyond, let's look back on the coolest spaceships around.

GTA 4 Cheats: Weapons, Armor, Health and More

Just like every other game in the series, GTA 4 is a lot more fun when you enable cheats. Here’s what you need to know.