Half of PS4 Owners Haven't Upgraded To PS5 Yet, But Why?

As part of Sony's last financial report, we saw that they have a total of 118 monthly active users on PSN. And it turns out it's a fairly even split across PS4 and PS5. On it's own that seems pretty normal considering PS5 is entering the back half of its life, with more console sales on the way. But it does raise an interesting talking point. Will PS4 be able to handle its legacy years better than something like PS3? I think so. And that's why we do be talkin' it up in hur. Ya dig?

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TIMESTAMPS:
0:00 - The News From Sony's Financial Report
4:53 - PS4 Might Have Longer Legs, Here's Why
9:14 - How Far Will GTA VI Move The Needle?

#PS4 #PS5 #PlayStation

[Guzmania]

The fact that we are still calling PS4 current gen and PS5 next gen is the reason why PS4 is still so active.

[richardbertrand]

Still feel like we're living in the PS4 era.

[DeshaunXD]

Here's the harsh reality.

This economy is horrible and inflation is steep this time around. The essential needs have become extremely expensive. The gaming industry isn't immune to this and our purchasing power as a whole has declined. As much as we're all gamers and love to play, it's not a necessity when times are rough and you need a roof over your head, food to eat, and have bills to pay. People are cutting back on things they don't absolutely need because they have to. This on top of not hanging a more enticing exclusive line up and boom, no upgrade.

[benjaminmaher]

I can give a couple reasons,
1- the lack of games hurt it.
2- its very expensive still even after 4 years
3-paying for online services
4-pc exists.
(Also the 8th gen console is boring, that includes xbox too)

[shahnoorahmed]

Because the PS5 as of this moment just feels like an upgraded ps4 with like 7 extra games

[ShamirQushairi]

PS4 slim owner here: The price still hasn't gone down yet despite the slim revision. We typically see a price reduction after several years + free game bundles but 4 years in, the price only seems to creep up. 😠

[goldenarm]

I’m old enough to remember the exponential leap in graphics from Atari to Nintendo to super Nintendo to Sega to N64 to PlayStation to PlayStation two… When I got my PS five, I literally could not tell the difference in graphics to a PS4. That was, and is still so very very disappointing.

[kinorai]

Better question yet: why upgrade?
Simply to have "4K Graphics"?

Not good enough.

[tones]

My PS4 still going strong since 2013 💪🏼

[mikef]

They never did a good Black Friday deal. I got my 1TB Slim PS4 on Black Friday for $199 with a bonus $50 gift card. Sony being too greedy. Consoles are supposed to be sold at a loss, to increase the install base to sell the games. That's the business model.

[ThaFeelingOfEcstasy]

At this point I think PS4 players should just wait for the PS5 pro or PS6 if they’re planning on upgrading

[beaztlydeath]

I'm all out of MONEYYY" - Squidward circa 2008

[megabassxz]

They should've made the PS5 backwards compatible with PS1 to PS4 and also with digital PSP, PS Vita games. That alone would have made everyone move and ditch the old consoles.

[HugxoMartinez]

PS5 is literally “let’s remaster everything” the console.
Until we get a Last of Us 3 or a proper sequel to Uncharted 4, I won’t be buying a Ps5

[sirlaughalot]

Exclusives. If there’s not enough exclusive games to play on the console, there’s no need to buy it, no matter how good the fps and visuals look.

[lwandomadikizela]

My take is, it's been 4 years since the PlayStation 5 was announced and the price hasn't decreased at all even with the Slim model and Slim models have always been cheaper than the O.G model by a lot since the PlayStation 1. Not every gamer can afford to get the PlayStation 5 now and some don't even need to get it since there are still good PlayStation 4 games that is coming. I still have my PS4 and I have no desire to get the PlayStation 5 because no ways I would pay R13500/$500 for a nearly 4 year old console that has never had a price decrease.

[mitchellbambam]

The PS5 is $600.00 in my country and I already have a PS4. As someone who buys one game per year on average, why would I spend that much and then even more on the unique experiences that console offers?

[capn.c]

I rotate between PS3, PS4 & PS5. Every now and again, I play PS1 & PS2 as well.

[markgeers]

Wanted a PS5 when it came out, couldn't get it for like 2 years due to shortages, realised during that time the PS4 still served me well and most games still get released on it, so didn't bother throwing down 500+ bucks after that

[TJaeSpeaks]

No need to upgrade when the vast majority of games are available on PS4. GOW Ragnarok. Horizon Forbidden West. The latest CODs and Fifas. Hogwarts Legacy etc