Take Two CEO Expects Xbox One, PS4 Sales to Pass Xbox 360, PS3 in Five Years

Barring a major meltdown in stock markets any time soon.

Speaking at the Credit Suisse 2013 Technology Conference, Take Two CEO Strauss Zelnick revealed that he expects the sales of PS4 and Xbox One to overtake those of the PS3 and Xbox 360 within five years, totaling the same lifetime sales that took both consoles eight years to reach.

“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.

“But if we had a big market meltdown, for example, a repeat of ’08 and ’09 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.”

As of now, Xbox One sales worldwide are a little hazy (with more than 1 million units within 24 hours of the US launch and 150,000 units in the UK since November 22nd). But we do know that the PS4 sold more than 2.1 million units worldwide since its launch, becoming the fastest selling platform in UK history. Does the same amount of sales as the Xbox 360 and PS3 seem possible within five years? Let us know what you think below.

(Source)

ps3ps4Take-Two Interactivexbox 360Xbox One