Rumours regarding Sony's next console have been swirling for much of this year, but the sources haven't been reputable, and so we've ignored them. Thanks to sources close to Sony and the gaming industry (via Kotaku's Jason Schreier), the general idea seems to be that a "PlayStation 5" won't see the light of day until at least 2020. Gamers had to wait another six years before the PlayStation 3 came out (2006) and then the PS4 hit shops in 2013. However, there are some people who believe a new console should be seeing the light of day soon, considering it has been quite a number of years since the eighth-generation system's release.
Two unnamed developers that Kotaku spoke with said they had knowledge of Sony's plans for a new system, and both said the system isn't likely to come out until 2019 at the earliest. The original report does not mention backward compatibility between PS4 and PS5.
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Schreier goes on to claim that while information regarding the PS5 is "floating around", it's far less than what would be expected if the console was set for release in 2018 or 2019. "It's all about what they think is the best sweet spot in terms of hardware".
Previous reports and rumors had originally pegged the release of the PlayStation 5 to be sometime this year. According to a source, early devkits would find similarities with a PC, with test versions of CPU and GPU for the final product.
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Those developers that have formed the tier 1 of the circle and even Sony's own studios have the impression that a 2019 release is out of the question, unless Sony is making some drastic roster changes. And games for Microsoft's Xbox One X also work on the regular Xbox One.
But in the most recent issue of MCV in which CEO of NIS America, Takuro Yamashita, was asked about his company's fortunes on the Switch, Yamashita has revealed that on average, games have sold more than double on Switch than they have PS4.
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If Sony has any hardware announcements to make or to tease, that could happen during E3 2018 in June.