Sony CFO Names Cloud Gaming and Free To Play As Major Threats to PlayStation
PlayStation has recently come up with their fourth-quarter financial report which showcases the dominance of PlayStation over the gaming console market. Sony successfully sold over 8 million consoles in the fourth quarter and about 18 million in 2018. Further Hiroki Totoki, CFO of Sony stated that in the coming future, PlayStation's major rivals could turn out to be the Cloud Gaming and free to play games. Totoki did not state any specific reasons in terms of why free to play games can pose threats to PlayStation. Still, he referred the open platform market of free to play games as being one of the most significant risks for PlayStation. It can be considered that he might be pointing at the success of Fortnite and PUBG as the popularity of these games is spreading like wildfire amongst the gamers. Sony even had to introduce the cross-play feature for Fortnite fans to their gaming consoles which they have been criticized for in the past. As Fortnite is quite popul...