PS5 Confirmed - Sony has Confirmed the PS5 is Coming

PS5 Confirmed by Sony
PS5 Concept Design By Danny Haymond Jr

Sony's president and CEO, Kenichiro Yoshida has confirmed that there are plans for a successor to the PS4. Sony Interactive Entertainment America boss, Shawn Layden, officially confirmed that PS4 Pro won’t be the last we see of the PlayStation brand. Sony Interactive Entertainment chief exec John Kodera announced in May 2018 that the "PlayStation 4 is entering 'final phase' of its lifecycle."

Unless Sony is ending the Playstation we all know what this means! The PS5 is coming, it is going to happen and it will be the best gaming console the gaming world as ever seen! Rumors are now pointing to a possible release date for the PS5 in 2019 but more likely closer to 2020. Let’s find out what Sony’s planning, shall we?

PS5 Confirmed, 2019 or 2020?

Kenichiro Yoshida
Speaking with the Financial Times, Sony president and CEO, Kenichiro Yoshida, confirmed that the company has plans for a successor to the PS4. In response to questions surrounding the growing smartphone gaming market, he said quote:

"At this point, what I can say is it's necessary to have a next-generation hardware."

While he didn't confirm the name "PlayStation 5," this type of confirmation from a high-level executive is really all we needed to remove any remaining doubts about the future of the PlayStation brand.

Another update from Sony in regards to the PS5 came from the head of Sony Interactive Entertainment, John Kodera. During a 2018 Sony Corporate Strategy meeting, he told reporters that the PS4 was in the "final stage" of its lifecycle.

This could mean a lot of things, but he went on to clarify some of Sony's intentions when it comes to the future of the PlayStation brand. Wall Street Journalist reporter Takashi Mochizuki offered everyone a hint with a tweet from the event:

Sony is planning on biding their time so they can really come out with something spectacular. The amount of time seems to be about three years from 2018, leading up to March 2021. It's impressive that Sony is showing restraint and not rushing the PS5, but 2021 seems like a long time to wait for a new console.

Since consoles typically release in the holiday months, we believe the PS5 will come out in November of 2020. This would be slightly before the period described by John Kodera, but it's less likely that Sony would wait until holiday of 2021 to release a new console.

Of course, there's always the chance that the PS5 comes out in March of 2021. The Nintendo Switch had a similar release date in the beginning of the year and has since enjoyed impressive sales. This would be a major change from prior releases, but it's not outside the question, especially if the PS5 is different than we expect.

A period between two and three years also falls in line with another rumor from a reputable source, which suggests that PS5 development kits are already being sent out. Marcus Sellars, a game journalist who has a knack for predicting major announcements before they happen, tweeted this recently:

Shawn Layden, head of PlayStation's North American division, spoke with a German magazine called Golem.de and 100% confirmed that the PS5 is going to happen.

During the interview, Shawn Layden was asked about the potential of games releasing on the PS4 Pro exclusively. He insisted that such a thing would never happen. He assured the interviewer that the PS4 and PS4 would continue to run the same games.

Alright, so the question then turned to the possibility of a next generation console. The interviewer asked if Sony would eventually turn to a PlayStation 5:

Golem.de: "That means you're more likely to bet on a real PlayStation 5, whenever that's going to happen?"

Shawn Layden: "Yes. That will probably happen someday."

That day is getting closer minute by minute! While the conversation swiftly moved back into other PS4 discussion, this blatant confirmation of the PS5 is exactly what we needed to hear! With Microsoft moving forward on the Xbox One X, concerns were rising that Sony would also stick with these iterative consoles that are forced to play games on the older system, and the new one.

The thought of console generations going away is kind of scary. It would remove the inherent excitement and the leap forwarded that a next-gen console provides. Thankfully that's not the case here, as Sony is absolutely preparing for another generation of consoles in the future.

Checking in With Industry Analysts

In the wake of the Sony Corporate Strategy Meeting NPD analyst Mat Piscatella weighed in with this thoughts:

Like our prediction, he believes the PS5 will be here no earlier than fall of 2020. He also mentioned that he believes future generations will have more iterations that come out faster. That means if the PS5 comes out in 2020, we could see a "PS5 Pro" as soon as 2022.

Of course, that all depends on whether the PS5 is a traditional console. We're still considering the possibility that the PS5 could be a cloud-based console that streams games.

We've also heard opinions from Wedbush Securities Analyst, Michael Pachter who is famous for his predictions in the game industry. His latest predictions come from the 1099 podcast Where he claimed that the PS5 will most likely make a debut in 2019 or 2020.

Here's what he had to say:

"If I had to bet, it's 2020. Sony's making so much money with the PS4 that I think they'll continue to milk it as long as they can milk it. The PS5 is probably going to be their real 4K device, and so it just feels to me that they’re not going to launch the PS5 until sales momentum for the PS4 slows, and it just hasn’t. So you certainly get through 2017, 2018, and I just don’t see it slowing in 2018 which should prop them to launch something in 2019. If it slows in 2019, they’re probably launching in 2020."

So, to Michael Pachter, it's a numbers game. Sony could potentially shift their plans based on financial standing. Right now, Sony is still making money from subscriptions like PlayStation Plus and PS Now. With console sales slowing down, this is the primary source of income for them, beyond game sales.

If, for some reason, things take a downturn, it would make sense for Sony to accelerate their plans. That being said, I don't believe they will make any drastic movements, as that could have ripple effects across development, marketing, and other areas of the company.

For more juicy news and details on the PS5's potential date, check out our full release date page.

What do you think of these quotes? We want to hear your predictions about PS5, so tell us in the comments!

Note: The thoughts expressed in this article are the opinions of the author (Bradley Ramsey) and do not yet represent facts or the opinions of Sony Computer Entertainment. Although it will probably be accurate, for now it is pure speculation. Thanks for reading!

Article by - Bradley Ramsey
Article updated: 6/4/18

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Comments

disheartened

We need the PS5 yesterday! The PS4 is too little too late, already two generations behind the PC (i myself don't have a PC) in terms of graphical finesse and capability; my new PS4 is displaying graphics barely better than my xbox 360, almost identical! What a shame! I expected more; it's almost like Sony screwed us and knew they were. I am so angry with them. They could have easily put-in another 4gig of ram plus a slightly beefier GPU with a bit more graphical grunt and the ability to display a slightly higher polygon count etc for a mere extra $50, but no, they give us the bare-bones, which makes me feel very disgruntled. It's not about what games will get better as they learn the system, that is all about developers having to find compromises because the system lacks brute power, dig me? And that's my problem with this whole debacle! Very disappointed, soft textures everywhere in the Wolfenstein game, very sad.

I concur

I know right! I have the ps3 and will not buy a ps4 because I often play on one at my friend's place and I have to say that if you compare ps1 to ps2, that was a huge improvement. Even better so between the ps2 and ps3. The improvements were just huge. Now between ps3 and ps4 there is little and sometimes no improvement at all. Yes, crispier, but nothing like comparisons between the previous consoles. There are quite some games I can't play on my ps3 due to them being exclusively for ps4, but it's not like I'm missing out on a lot. I still like my favourite games that I often replay on my ps3. If the ps5 will be a huuuuge improvement, with integrated vr, then yes, I'll definitely will go for one.

PsyChris

Chris, the main thing they were worried about changing between ps3 and ps4 was the har drive and ram capabilities. Try running GTA5 on PS3, guarentee it will crash at some point during gameplay. PS3 wasnt too bad except the hard drive. They made a quick release on PS3 to make up for their loss because of Xbox 360. Don't judge a book by it's cover.

Axel

Axel, it is most likely your tv capabilities. if it only allows for standard definition or high definition of coourse they are going to be the same! if you want difference get a 4k tv and see how much different it will be.

PS5

@ Disheart Maybe instead of making a PS5 so soon, those parts "4gig of ram plus a slightly beefier GPU with a bit more graphical grunt and the ability to display a slightly higher polygon count etc for a mere extra $50" can be changed within the PS4? If it can,than the PS4 could dominate the gaming world for almost a decade, giving Sony plenty of time to create a much vastly superior game console of its kind "PS5"!

FOOL!!

Stay inside your shell!!

He's watching..

He is looking at the release date of the PS5. He has that in his browser history. We knows he's scared and jealous (mwahaha).

Not ready yet!

Developers are still building working engines for this generation. Give them time to perfect what they have

Storage...

Will they use BluRay again or finally switch to SSD to get rid of annoying Loading-time....???

RACE

Consoles have lost the war. Long live the PC.

PS5

Can't wait for a PS5 - hope its very good - should get it by the end of 2018 or in 2019. Currently saving up - I want a new console real bad

hi

it will released when sony stock rises

PS5

Any confirmed news from Sony about PS5 will send Sony stock, soaring

PS4

The PS4 pro should live for ages condsidering its 4k capabilities. Stay with PS4 until at least November 2019 Sony! It will live longer then people are predicting. people are being so harsh on it.

Why

Since ps5 is confirmed it should come out now

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