PS4 and Xbox One ‘Won’t Hit Their Peak For Years’ – Analyst

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Both the PS4 and the Xbox One are seeing some pretty solid sales as we head into the heart of the 2016 video game season. While Sony and Microsoft have been having some good success, there are a number of analysts that believe the best is still yet to come.

The Daily Star recently talked to Michael Olson, an expert in the industry who works for Piper Jaffray thinks the consoles haven’t hit their peak. “The console cycle is in its third year and investors are beginning to ask if we are nearing the ‘peak’ of this cycle. While some that own these stocks for the ‘cycle trade’ may be selling, we believe there are arguments to be made that consistent growth will come over the next several years and an ongoing mix shift towards digital that will drive margins higher.” Olson said.

The analyst is pointing to the fact that the PS4 and Xbox One have combined to sell somewhere in the neighborhood of 60 million units. He said that’s way ahead of where the last generation was and that in turn is a sign of just how healthy the current generation is. While all of this is still conjecture, it appears good things are still in store for both the PS4 and Xbox One.

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Related Forum: PlayStation Forum

Source: http://gamingbolt.com/ps4-and-xbox-one-wont-hit-their-peak-for-years-analyst

Comments

"PS4 and Xbox One ‘Won’t Hit Their Peak For Years’ – Analyst" :: Login/Create an Account :: 19 comments

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MajPosted:

This is quite true. Lots of people are still on last gen consoles

DownsizePosted:

They do need to look at their prices and our Econmy, parents can't afford going out buying and Xbox one or PS4 for their kids at Christmas.

YoutPosted:

I look back and I prefer my xbox 360 to my xbox one, it was so much basic. Think they're getting ahead of themselves on technology.

MeadowPosted:

Prices aren't a bad thing these days. I just think generations are growing up a lot quicker than they have ever been!

ValorPosted:

More people are getting into this generation naturally

LAUGHING_TAC0Posted:

HDG its because alot of people already have next gen


it would technically be current gen, just saying

UrfPosted:

else
Bahroz I mean theyre both pretty damn expensive! so ofc they wont


The price for them isn't that high and they tend to always have some sort of deals going on.


If you think $350 for a console is expensive you probably have other things to be worrying about

EarthbornPosted:

Prices aren't that bad nowadays, I picked mine up at £350 for a 1TB HDD, White Console and Black Ops 3. Worth it in my eyes.

UptownPosted:

So true. Prices are so high when they eventually fall they will give more people a chance to buy!

elsePosted:

Bahroz I mean theyre both pretty damn expensive! so ofc they wont


The price for them isn't that high and they tend to always have some sort of deals going on.