EEDAR analyst Jesse Divnich forecasts that the PlayStation 4 and Xbox 720 will see combined sales of 11 million units by the end of 2014. Which is quite a conservative number, considering that the Xbox 360 and PS3 sold almost twice that during their first year on the market.
Divinich says that next gen console sales will be lower because of the increasing pressure from mobile gaming. He says that the number of game developers switching from regular console games to phones and tablets is “frightening”.
According to Divinich’s forecast, by 2017 the PlayStation 4 and Xbox 720 will have a combined install base of 50 million units. He also praised Sony for appealing to a wide range of developers — including indies — with the PlayStation 4, and making it much easier this time around to develop on the platform.
Nintendo’s Wii U has sold around 4 million units so far, which is less than Nintendo and market analysts expected. Some think that this is an indication of how the rest of the next gen consoles might do, as the weak economy and stiff competition from mobile devices moves more gamers away from home consoles where games are much more expensive compared to those found in various app stores.