PS4 sales to hit 38 million by 2017, analyst forecasts

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Worldwide PS4 sales will reach 37.7 million units by the end of 2016, Wedbush analyst Michael Pachter has forecast.

During the same period, Pachter expects Xbox One sales to total 29 million units.

The analyst said in a research note sent to investors on Thursday: "We expect Sony's and Microsoft's new consoles to thrive over the next three years, with cumulative worldwide sales of 37.7 million PS4 and 29 million Xbox One consoles by year-end 2016. We do not expect Nintendo's Wii U to fare as well, with cumulative sales of under 20 million by 2016."

In November, IHS head of games research Piers Harding-Rolls forecast that PS4 sales will comfortably outpace Xbox One sales over the next four years. The analyst anticipates 49 million PS4 sales by the end of 2017, compared to 38 million Xbox One sales.

Harding-Rolls said: "IHS believes that Sony's wider geographical brand allegiance - especially across continental Europe and Japan - will be decisive in allowing PS4 to outsell Xbox One on a global basis by the end of 2017."

PS4 launched on November 15, 2013 and Xbox One on November 22. Sony reported 2.1 million PS4 sales on December 3, while Microsoft reported two million Xbox One sales on December 11.

Having launched in November 2012, global Wii U sales totalled 3.91 million units as of September 30, 2013.

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Related Forum: PlayStation Forum

Source: http://www.computerandvideogames.com/443804/ps4-sales-to-hit-38-million-by-2017-analyst-forecasts/

Comments

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SIKSPosted:

ATX they probably predict it like we predict the weather


That's what i was thinking, predictions are just predictions, the reality is that they would probably only get maybe a little over half of that considering they've only sold about 4 million consoles since launch.

970Posted:

Dong
Luxe
WeAreAnonym0us They say that they try to get a new console every 5 - 6 years, so yes there will probably be another console that I will feel the need to get and spend all my money on lol.


Haha, I know exactly how you are feeling


I just can't wait until they come out with a modded Xbox One console.


when that day comes i will be ecstatic

970Posted:

Craigyy
Lia
Craigyy How can they tell this haha, no one really knows...

I could guesstimate this rubbish too.


Statistics from how well each console is doing now and how well they believe they will do in the future. There is no way in knowing if they will reach the amount they are saying until the actual date.

I guess that's right, but i could have made that number up to. Just seemed odd that's all.

they probably did just put a random number out there that looks good

970Posted:

Laze Wait until the modded X1, comes out;)


when we start to mod Xbones they will start selling like MoFo

970Posted:

Asbo
GreatLogic If it does hit 38 million, that's a shocking amount, but I don't see how they can make an estimate for 3 years in the future..


its an estimate of the amount of current consoles they have sold now and seem to think it will hit 38million.


but eventually sales would have to slow up

970Posted:

Flacco I think the Xbox One has already lost this battle. They went through too many changes to try to fix their mistakes to make the system more competitive with the PS4.


yeah they did but it is still a great system

970Posted:

they probably predict it like we predict the weather

Project-GamersPosted:

Now thats alot of sales for a games consoles

Martin_Luther_PingPosted:

I think the Xbox One has already lost this battle. They went through too many changes to try to fix their mistakes to make the system more competitive with the PS4.

MultitaskPosted:

I think they will be able to get it around 30 million in 2017 its a great console.