SK Hynix Shares Fall as Workers Reject Wage Deal 
Countries Tighten Social Media Bans for Children 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Trump Buys SpaceX Shares After Record IPO 
Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
Nvidia Eyes Perplexity Investment at $30 Billion Valuation 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
New Zealand Labour Backs Social Media Ban for Under-16s 
Nvidia Options Price in $280 Billion Earnings Swing 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
SoftBank Plans Record $6.3 Billion Bond Sale to Fund OpenAI Investments 
Add as a preferred source on Google
While it’s undeniable that the video game industry’s attention has been firmly snatched by the Nintendo Switch, it’s worth noting that there are other consoles in the market. In the case of the Sony PlayStation, the company recently revealed their plans for the game box. Sony also expressed confidence in the console despite the challenges that the Switch and the upcoming Xbox Scorpio pose.
Company executives recently had an interview with Time, where they talked about the current state of the PS4 and what the public can expect from Sony next. Shawn Layden, the company’s video game development head, and Jim Ryan, the global sales chief did their best to paint a clear picture for the fans.
Layden noted how the company’s sales have been riding high ever since Fall of last year when Sony decided to unveil three major products so close to one another; the PS4 Pro, PS4 VR, and PS4 Slim. With regards to the company’s venture into the world of virtual reality, Layden was particularly adamant in saying that Sony was serious about the market’s potential.
"We don't see it as a fad, it's a brand new medium, not only for gaming entertainment, but non-gaming entertainment," Layden said.
Considering that the company has sold more than one million units of the VR packages since launch, handily outperforming rivals, it seems Sony is actually onto something here. On that note, the brand’s upscale console version the PS4 Pro has also been selling quite well, which surprised even Sony.
"It is way ahead of our expectations," Ryan said. "As with PSVR, and I suppose in forecasting these things we haven't done a very good job, the product is in desperately short supply. So that's one-in-five under severe constraint."
As Polygon notes, the PlayStation lineup is selling quite healthily and a lot of this is thanks to its amazing selection of games. Considering what Sony reportedly has lined up to reveal during E3, interest on the console is bound to jump even higher.
