The PlayStation 4 has had quite the impressive run so far, especially with its most recent run of present and future exclusive titles. That said, the PS4 originally launched back in 2013, and as such the technology is, well, getting a little old. In fact, according to Sony Interactive Entertainment CEO John Kodera, the PS4 is entering the “final phase of its life cycle.”

Thankfully, we don’t have to say goodbye to the console just yet. For some much needed context, Kodera made the above statement at Sony Investor Relations Day 2018, and he was – if nothing else – being realistic about the future console sales Sony was expecting out of the PS4. As Sony has already sold over 70 million PlayStation 4’s, the sales potential has dwindled, which is actually what Kodera meant when he referred to the console’s final phase. This also implies that we will begin to see news about a PlayStation 5 sooner rather than later.

PS chief Kodera: PS4 is entering final phase of its life cycle, which would have negative impact to the unit, but recurring revenue via membership services etc should cushion some of that.

— Takashi Mochizuki (@6d6f636869) May 22, 2018

According to Kodera, any profit missed from a lack of PlayStation 4 unit sales will be made up for thanks to the ever increasing amount of PlayStation Plus memberships, and thanks to future exclusive titles like The Last of Us sequel and games continuing to release for PS VR, the console definitely has plenty of life in it. Speaking of exclusives, according to Kodera  Sony plans on putting a heavier focus on franchising successful IPs, as well as revisiting some existing ones. Kodera says that PlayStation “aims for further growth with [a] realistic outlook,” and giving the fans what they want is certainly a big part of Sony’s action plan.

So, thoughts on John Kodera’s comments on the PS4? What would you like to see out of a PlayStation 5? Let us know in the comments section below, and as always, stay tuned to Don’t Feed the Gamers for all the latest gaming and entertainment news! Don’t forget to follow DFTG on Twitter for our 24/7 news feed!