PlayStation 5 and Xbox Series X Will Sell Rapidly, Says Take-Two CEO

Take-Two Interactive's CEO, Strauss Zelnick said in a recent earnings call that the PlayStation 5 and Xbox Series X will sell rapidly.

Take-Two Interactive recently reported its latest financial results where CEO Strauss Zelnick was engaged in a question-answer session by investors and analysts. He was eventually asked about the arrival of the next-generation consoles where he clearly stated that PlayStation 5 and Xbox Series X will sell rapidly.

I think the new consoles are going to excite consumers. There may be a more rapid sell-in (console sales) than we previously experienced that will be good for upcoming (game) releases

CEO of Rockstar’s and 2k’s parent company seems to have high hopes for the financial success of the next-gen consoles. He seems to have based this statement on internal market research conducted by Take-Two Interactive. If statistics show greater sales of the next-gen consoles then public interest in these machines seems clear.

The comments made by Strauss Zelnick also seem to indicate that Take-Two Interactive will fully utilize these machines through their games. Seeing games like WWE 2K21 and NBA 2K21 as launch titles for the upcoming consoles seems very likely. The American video game company may have something else up its sleeves. After the success of porting Grand Theft Auto V to PS4 and Xbox One, we could get a next-gen version of Red Dead Redemption II as well.

A reality where the PlayStation 5 and Xbox Series X will sell rapidly does not look improbable. However, Sony and Microsoft’s upcoming consoles would have to thwart the sales of the previous ones. The sales of the PlayStation 4 shattered the sales of the PlayStation 2 in 2015. If this trend is anything to go by, next-gen console sales should keep going upwards.

Video game companies seem enthusiastic about the upcoming consoles and their success. After all, if the console sales keep going up, game sales should yield the same results as well. Though we still have a while before we can compare sales of next-gen consoles with the previous ones.