Sony confirmed to launch PlayStation 5

Sony has confirmed what was already known to be a PlayStation 5 for years to come. The first official news from the company about the successor to the PlayStation 4 has come through an interview with Sony CEO Kenichiro Yoshida in the Financial Times.

Sony confirms the existence of PlayStation 5

While Yoshida didn't call it PlayStation 5, or even PlayStation, the brand's strength makes the name almost a certainty. His actual comments also suggest that the platform owner is preparing for the end of the PlayStation 4's natural life cycle, though there is no indication of how long it will be before his successor arrives.

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"At this point, what I can say is that you need to have next-generation hardware."

No doubt part of this need is due to the fact that Xbox has already confirmed that it is working on multiple next-gen consoles, as Phil Spencer revealed during the E3 2018 signature exhibit. Microsoft announced the Game streaming service Project xCloud., fueling speculation that the stream will be comprehensive on at least one of the following Xbox devices.

Sony already operates its own streaming service on PlayStation Now, but there is no indication of what role it will play in its next generation. It is unlikely to be the core of a PlayStation 5 offering, as this would eliminate the possibility of selling the device in markets with little connectivity. Historically, Sony has performed well in emerging markets with PS2 and PS3.

There is certainly no immediate need to replace the PS4. The console remains one of the best-selling gaming devices worldwide each month, with total sales of more than 80 million since its launch in 2013. That said, ads for the PlayStation 4 appear to be in short supply.

Sony canceled its annual PlayStation Experience exhibit, and Sony Worldwide Studios President Shawn Layden said the company "would not have enough" to justify holding such an event, suggesting a lack of new game announcements until it was released. reveal new hardware.

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