It's an interesting time for Sony. The PS4 is sitting at the top of the totem pole, encroaching 80 million in hardware sales. It's already broken into the top 10 all-time best selling console list, and is poised to break the Xbox 360's 84 million mark to enter the number six slot, in an attempt to overtake the Wii's 101 million mark. It did all this while introducing the most affordable form of mainstream VR to the market.
The Vita, however, isn't doing nearly as well. It's basically bombed in the west, and Sony is even pulling support for all physical cartridges within a year outside of Japan. Yet, John Kodera, CEO of Sony, told Bloomberg that everyone shouldn't count them out of the portable game, even in the near future.
Kodera notes, "In my opinion, rather than separating portable gaming from consoles, it’s necessary to continue thinking of [portable gaming] as one method to deliver more gaming experiences and exploring what our customers want from portable. We want to think about many options."
It's entirely possible that a traditional PS5 was in the works, but with the worldwide success of the Switch, companies are rethinking their strategy. If Nintendo's whole idea of "multiple hardware units per household" takes off, platform holders will see dollar signs that surpass the traditional one console model.