PlayStation 5 Is Three Years Away, At Least

While rumors have been swirling around the web for some time now that the PlayStation 5 would be announced this year, Sony has just squashed these hearsays like a bug. According to the company, the next generation of its revered video game console is at least three years away, if that. This is despite the fact that the company also said that the PS4 is reaching the end of its life cycle.

This latest news was broken by The Wall Street Journal’s Takashi Mochizuki, who was the same person to reveal that the PS4 at the last leg of its race. According to his latest report, however, this doesn’t mean that the console will die immediately. It has at least three more years in it before it’s completely replaced by a newer console. This is what Sony Interactive Entertainment CEO Tsuyoshi Kodera told him.

"We will use the next three years to prepare the next step, to crouch down so that we can jump higher in the future," Kodera said.

As Ars Technica notes, releasing the PS5 in 2021 would be out of the usual six to seven-year gap between consoles that the company has been following since the original PlayStation. However, this isn’t exactly a bad thing since the PS4 is still selling out like crazy. Sales might have slowed a bit, but the console is still printing money.

There’s also the matter of the PS4 Pro, which was only released in 2016. This gives the more powerful version of the current Sony console generation some time to sell a few more units before an even stronger game box comes to take its place.

As of now, there are no clues as to what form the next version of the PlayStation console will take. However, it is clear that the timeline jives with what many fans and analysts were expecting.