At its investor conference this week, SONY pronounced the PS4 "dead," saying that IT will no longer be making first-party games for the PS4 in 2025, meaning the company will be fully focused on the PS5.
SONY also acknowledged that PS5 sales had fallen short of expectations, mainly due to a severe shortage of production capacity, although supply problems have been resolved with plans to expand production. SONY is also optimistic that the PS5 will surpass the PS4 in terms of player retention, playtime, and revenue by 2024. IT Home understands that 19.3 million PS5s have been sold so far, compared with 117.2 million PS4s.
However, PlayStation 4 players are still the main source of revenue for the PlayStation Store. According to some gaming media, 69% of PlayStation Plus members are PS4 users, so forcing them out could seriously hurt SONY's game business.