The original PlayStation(2418) and PlayStation 2(3870) had 6288 games in total. The PS3 just had 795 and the PS4 in its very first year just have 77(Disc Based) games.If you compare it to PS2 which had 136 games in its first year.
The only answer is Increasing Development Costs. Average PS2 game costed $5-$10 million and the original PlayStation costed just $0.8 million-$1.7( source edge-online ) per game.
The below chart will explain it all
So this is why we wont see number of games for PS4 going much higher like PS2 and PS1 sadly even after Sony and Microsoft both tried to reduce the development costs by putting x86 architecture Processor in their consoles. Yeah it will take less time to make a PS4 game then a PS3 game usually took but still the power and resources that are needed to make upcoming games are simply way much higher than PS3, PS2 and PS1 ever needed.
But lets not loose all hope. Indie studios are doing a great job then ever before .NO MAN’S SKY,Don't Starve, Limbo and ROAD NOT TAKEN are just to name a few. The depth of commitment can't be matched and Sony is really trying to push it hard this time.In the end they just might save the day.
Long Live Gaming. Long Live HAX
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