Sony Confirms Development of PS4 Successor

Sony Confirms Development of PS4 Successor

The PlayStation 4’s fifth anniversary is quickly approaching, but the next generation is on its way. Sony has officially announced that they are developing a successor to the highly successful console.

PlayStation 5, or something else?

In a recent interview with the Financial Times, Kenichiro Yoshida, the CEO and president of Sony, spoke about plans to make a new generation of console:

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

He stopped short of calling this new hardware the PlayStation 5, but that’s likely what everyone will be calling it until an official name comes out. There’s no current release date for the PlayStation 5. However, a Wall Street Journal article gave a suggestion we could see it in the next three years. In it, John Kodera, the CEO of Sony Interactive Entertainment, stated:

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

Sony will be following this plan through the 2020 fiscal year, which ends in Spring of 2021. This means we could hear about the PlayStation 5 around that date or later.

Given the PlayStation 4’s performance, it makes sense to make a successor. Not counting the PlayStation 2, the best-selling console of all time with 155 million units sold, the PlayStation 4 has been Sony’s most successful hardware platform. 81.2 million PS4s have been sold worldwide, already surpassing the lifetime sales of the PlayStation 3.

The Financial Times notes that the console “might not represent a major departure from the PS4, and that the fundamental architecture would be similar”. Given that Sony and Microsoft have extended the PS4 and Xbox One with 4K-capable hardware, this suggestion sounds plausible.

Kodera also noted that subscriptions and online services will play a role in the PlayStation 5. He said:

We need to depart from the traditional way of looking at the console life cycle. We’re no longer in a time when you can think just about the console or just about the network like they’re two different things.