India Becomes The Number One Console Since PS4 Has Been Launched

India has been the number one console in the country since PS4 has been launched. The widely accepted install base for the PS4 in India sits in the range of 380,000 to 400,000 units including grey market sales as well as the limited PS4 Pro sold via various channels (official or otherwise) sold till date, which has seen it surpass the PS3 with which only mustered 350,000 units in its lifetime.

The systems architect Mark Cerny confirmed that the PS5 will have an AMD Ryzen CPU, Radeon Navi GPU, support for ray tracing, and a solid state drive (SSD) that he touted to be a "game changer". This comes after an anonymous post from an alleged PS5 developer suggested a similar set of specifications earlier this week. However, with an SSD, we won't be surprised to see a higher price point.

Not that alone,  it has seen larger than usual expenses in terms of research and development (R&D) due to the PS5's impending release date. While Sony didn't call out the PS5 by name, it did say that its gaming division had an "increase in development expensed for the next generation console".

The PS4 is in striking distance of the 100 million sales milestone, hardware sales have been flagging and Sony's profits have been boosted by strong software sales as well as PSN revenue that's totalled $12.8 billion in 2018 alone. This includes full game downloads, add-on content, PS Plus subscriptions, PS Now, and other PSN services.