The first look at the PS4 console as released at E3.

Sony Sets the Bar High for Estimated PS4 Sales

This morning, Variety is reporting that as a keynote at the Tokyo Game Fair earlier today, Sony’s game division chief Andrew House said that the entertainment giant plans to move five million PlayStation 4 consoles by March 31, 2014.

This is a pretty ambitious undertaking for the video game juggernaut.

According to the Wall Street Journal, after its release on November 11, 2006, the PlayStation 3 sold 3.55 million units in its first fiscal year, which ended in March 2007.

There is one advantage that the PS4 will have over its main competitor Microsoft. When the PS4 hits shelves in the U.S. on November 15th, it will be priced at $399. This is $100 cheaper than the PS3 when it was initially released.

One week later, Microsoft’s newest console system, the Xbox One will be hitting shelves in the U.S. as well; however, it will be priced at around $499. Score one for the PlayStation 4!

The PlayStation 4 will have about 22 titles available for the system on Day 1, including titles like Assassins Creed IV: Black Flag, Battlefield 4, Call of Duty: Ghosts, and Madden NFL 25.

According to Variety, the PS4 will not release in Sony’s home market of Japan until February 22, 2014. This decision was made in order to prevent the supply issues that occurred with the PS3, which ultimately slowed sales of the console.

This may very well be Sony’s opportunity to take over as the undisputed king of the gaming console market. With all of the commotion, discord, and constant changing to the Xbox One format, and it’s much more expensive price tag, Sony has an opportunity to blow this opening out of the water.

The only thing that the people at Sony will have to do to continue the momentum that the PlayStation 4 will ultimately have upon its release is to keep the top tier content coming.

After taking a look ahead at the titles that are in the works right now, I don’t think this is going to be very difficult for Sony to maintain.

What do you think of the PlayStation 4? Do you think it has the potential to overcome their rivals at Microsoft? Let’s discuss.

Tags: Playstation 4 Sony Video Game Consoles Video Games