Headset giant Turtle Beach has said that it expects a higher-than-average growth rates for the PlayStation 5 and Xbox Scarlett. Both systems are slated to launch in holiday 2020, although the company still expects current-generation systems to be attracting a significant number of headset buyers for the foreseeable future.
Turtle Beach Expects Big Growth For PS5 & Xbox Scarlett
Speaking during an investors call for its Q3 2019 earnings, Turtle Beach’s CEO, Juergen Stark, commented:
PlayStation 5 is expected to have custom 3D audio designed to excel with headsets. Xbox is working on integrated cloud gaming to lower the barrier to entry for playing new games. Both are exciting developments on the new consoles that will of course also set a new bar for graphics and processing power.
Meanwhile, the older consoles will continue to constitute a strong installed base of headset buyers. Last quarter, PlayStation 4 hit the 100 million mark for cumulative units sold and Xbox One to hit about 50 million according to DFC. I believe this is the first time that new consoles had been announced ahead of the prior holiday season, so it’ll be interesting to see how this impacts the market.
If this new console cycle follows the pattern we’d expect, the first year or two after launch will show higher than average growth rates for consoles and for console accessories.
In fact, DFC has said that with the launch of the new systems, and continued sales of the current consoles, it forecasts that the combined hardware sales will set records in 2021 and 2022.
Our console product portfolio plans also reflect 2020 as an important transition year with a focus to have key new Xbox and PlayStation products launched next year ahead of the expected uptick in 2021, very exciting.
The PS5 will support a wide range of features, including backwards compatibility with PS4 games, an SSD for cutting down loading times, ray-tracing, and 8K. Rumors have also claimed that the console will be able to play older PlayStation titles natively.
Source: SeekingAlpha