Home Gaming Take-Two CEO says PS4 & Xbox One will outsell predecessors in five years

Take-Two CEO says PS4 & Xbox One will outsell predecessors in five years

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Take-Two Interactive CEO Strauss Zelnick thinks the PS4 and Xbox One will outsell last generation’s consoles within five years. This prediction comes after a good start to sales for both consoles this week.

It took the PS3 and Xbox 360 eight years to sell 160 million units combined. Zelnick thinks the PS4 and Xbox One can do it in just five.

I’d specifically say yes because it appears that–and this is largely anecdotal but tablets are a good example–all these new iterations of more and more exciting hardware seem to have picked up in velocity generationally compared to five or 10 years ago

Perhaps to hedge his bets a little bit, he also added:

But if we had a big market meltdown, for example, a repeat of [2008] and [2009] in three years, or two years, or two minutes, that would influence it. But if this economy stays on this track, yeah, I feel good about it.

Zelnick also said that Take-Two, the parent company of Rockstar Games and 2K Games, has a plan for moving into next gen without any hitches; Take-Two plans to buy back all of its shares in the wake of GTA V’s success. Thus far, they have acquired 10% of the shares with rumour circulating that they may become a private studio once the plan is completed.

I think as the consoles become cheaper and more games that people actually want to play release, this prediction is far from exaggerated. Only time will tell.

Last Updated: December 4, 2013

16 Comments

  1. You know what would be the most epic troll, if for instance a NEW type of optical drive releases and the Eierdoos and PeeEss then has to upgrade or something, teh lulz.

    I wonder about the sales projections, would be interesting to see if true

    Reply

    • Sir Rants-a-Lot Llew

      December 4, 2013 at 13:38

      huehuehue

      Reply

  2. oVg

    December 4, 2013 at 13:29

    Great. So we can have more than 140 million consoles out there and see piss poor 4million CD sales for AAA games again.

    Reply

    • Admiral Chief of Souls

      December 4, 2013 at 13:30

      CDs?

      Reply

      • oVg

        December 4, 2013 at 13:31

        good point. No more BT Games. Just 24hour DRM and 8x 500Mb Hard Drives.

        Reply

        • Sir Rants-a-Lot Llew

          December 4, 2013 at 13:38

          I think you missed the point. CD’s don’t get used for games anymore. DVD’s do 😉

          Reply

          • Wayne

            December 4, 2013 at 13:48

            Uhm Blue-Ray

          • Sir Rants-a-Lot Llew

            December 4, 2013 at 14:07

            Blue-Ray is not the standard yet and DVD’s are still the main form of distributing physical games

          • oVg

            December 4, 2013 at 14:03

            blaghhh… 😛

          • TiMsTeR1033

            December 4, 2013 at 14:04

            welcome to 2013 please come out of the 90’s

  3. Wayne

    December 4, 2013 at 13:39

    Justin bieber out sell most old school rock and roll cd’s!

    Reply

    • Alien Emperor Trevor

      December 4, 2013 at 13:50

      Isn’t that the sad, sad truth.

      Reply

    • Admiral Chief of Souls

      December 4, 2013 at 13:51

      What is out cell?

      Reply

    • TiMsTeR1033

      December 4, 2013 at 14:05

      If I was a hitman, Id kill Justin for free.

      Reply

    • Sir Rants-a-Lot Llew

      December 4, 2013 at 14:08

      And that’s why our world is in such a sad state

      Reply

  4. Wayne

    December 4, 2013 at 14:36

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