Despite a somewhat disappointing financial report from Sony this week, in which the company announced they’ve lost $8 million in the its last quarter ending in September, CFO Masaru Kato said the company was enthused with the PS4 pre-sales numbers.
“Compared to past platforms, the pre-orders that we have received for this new platform is much, much, much higher,” Kato said, as transcribed by Seeking Alpha.
This week in its own financial report to investors, Electronic Arts CEO Andrew Wilson said the publisher expects not only Sony’s PS4 but also Microsoft’s Xbox One to sell 5 million units by the end of the fiscal year.
Sony’s previous console, the PS3, sold 3.5 million units by the end of the fiscal year it launched, so if the PS4 could sell 1.5 million more units by the end of March it would be a remarkable improvement.
The PS4 could also help Sony with its struggling financials right off the bat, Kato said in the investors earning call.
“We expect the PS4 to contribute to profitability at an early stage due to lower hardware costs and diversification of its revenue streams through network services," Kato said.
Wilson also championed the same lower-price logic as the reason for the PS4’s high projected sales.
The PS4 launches later this month on Nov. 15 in North America and Nov. 29 in Europe. The console will hit shelves in Japan on Feb. 22.