Sony’s CFO Thinks Consoles Won’t Be Overtaken By Cloud Streaming Any Time Soon

If streaming is to take off, it will be in the long term, not right away.

Posted By | On 01st, Feb. 2019

All we hear about lately is cloud streaming, and how it will be a big deal going forward. We have, allegedly, companies such as Apple, Google, Ubisoft, Square Enix, and Microsoft all investing in it. Sony, meanwhile, has PlayStation Now, which is doing great on its own as well.

When so many companies are investing in cloud gaming, you have to assume that it’s going to be the Next Big Thing™, right? Everyone can’t be wrong about it, surely. However, Sony’s CFO Hiroki Totoki spoke about the prospect of cloud streaming versus consoles on Sony’s quarterly results financial call (via Twinfinite), where he expressed his skepticism that consoles would be overtaken by the cloud any time soon.

Responding to an investor’s question about possible future risks to Sony’s business, Totoki said that he foresees cloud streaming as eventually making the need for physical hardware for games redundant. However, he said that this is a long term problem, and should not pose any issues in the here and now.

Basically, if cloud streaming is to take off, it will be with a long term view, not right now. I suppose other companies that are investing in it right now are doing so to get a head start.


Tagged With: , , ,

Keep On Reading!

Fairgame$ Officially Cancelled Over 3 Years After Its Announcement

Fairgame$ Officially Cancelled Over 3 Years After Its Announcement

An alleged internal email cites mixed "player feedback and retention results" alongside "challenging market co...

Monster Hunter Wilds: Ascendance Beta Listing Reportedly Spotted on SteamDB

Monster Hunter Wilds: Ascendance Beta Listing Reportedly Spotted on SteamDB

Much like the base game and previous releases, Capcom could be preparing a beta test for the expansion ahead o...

The Division 2: Echoes of Central Park Review – Scary and Satisfying

The Division 2: Echoes of Central Park Review – Scary and Satisfying

The Division 2 takes us to a corner of NYC that doesn’t pull its punches, delivering a neat little adventure...

The Outer Worlds 2: Side Effects Guaranteed Out on December 2nd, Adds “Hours of New Content”

The Outer Worlds 2: Side Effects Guaranteed Out on December 2nd, Adds “Hours of New Content”

The first of a two-part expansion retails for $14.99 and offers a new location, companion gear, Perks, Flaws, ...

GTA 6’s Biggest Leap Could Be How the World Reacts to Your Crimes

GTA 6’s Biggest Leap Could Be How the World Reacts to Your Crimes

Is it even a GTA game if you’re not committing any crimes? But we think GTA 6 could make getting away with t...

The Legend of Zelda: Ocarina of Time Remake Review – Masterclass

The Legend of Zelda: Ocarina of Time Remake Review – Masterclass

The Legend of Zelda: Ocarina of Time Remake's new visuals and great performance make this a beautifully paced ...