PS5 Still Three Years Off, Says PlayStation Boss

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

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If you thought Sony's announcement Tuesday that the PS4 had entered the end of its lifecycle meant a new console was coming soon, you may have a longer wait than expected. Sony's head of PlayStation, John Kodera, has said the company will take the next three years to further develop the fifth-generation PlayStation console, reports The Wall Street Journal. "We will use the next three years to prepare the next step, to crouch down so that we can jump higher in the future," said Kodera.

The announcement means the company is looking at a slower update cycle than usual; the next generation of PlayStation consoles usually come 6-7 years after the current one is released. The PS4 was released in 2013, and since then it has sold more than 79 million units.

On Tuesday, Sony's new CEO, Kenichiro Yoshida, released a three-year business plan for the company. He is forecasting that profits will dip slightly towards 2021, slightly below the $1.6 billion it made this past fiscal year. The Wall Street Journal interviewed Kodera then, and reports him saying the end of the PS4 would have only a minor effect on the company, as it has been moving PlayStation's focus from hardware to online subscription services. Its goal is to add revenue sources that are more stable than volatile hardware and software sales. Follow our full coverage to read more about Sony's three-year plan and how it affects PlayStation.

Given the long wait until the "PS5" is released, it's unlikely we'll hear much about it for some time. We already know Sony won't be talking about new hardware at E3 2018. Instead, the company will focus on four big games during the event.

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Ohaidere

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Edited By Ohaidere

What a weird phrase.

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kgsg-19-2

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Why? The ps4 pro pretty much just came out and there's all of about 0 new tech that would make the pro many times better to release a new console this soon. I feel like news like this should be obvious.

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callofduty541

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This is some good news....I am happy to hear that Sony is taking the next 3 years to work on the Playstation 5...The Playstation 4 is still a great console and we are still getting some great games coming out for the system...I believe that these people are talking about a Playstation 5 coming out in 2019 should slow down on the rush of the next console cycle.....

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scottyp360

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Cool by me. Not in a rush for "next gen." We are still getting great games that look fanatastic (imo). This isn't like the end of last gen when ps3/xbox360 games were looking a little rough due to the dated hardware.

If I happen to get a little impatient I can always grab a nice 4Ktv and an XboxOneX to hold me over.

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guudgidga

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It is truly baffling that this many people actually expect a PS5 in 2019. I mean...wow...

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scottyp360

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@guudgidga: I don't know why Sony would even want to release their next console that early. PS4/Pro are still selling fairly well, they're recent exclusives have been getting good-great reviews and good sales, and they still have quite a few anticipated exclusives releasing this year and next.

Why rush the next console when they could wait a little for hardware to improve and/or get cheaper. One of the biggest complaints when PS4 and XboxOne launched was that the hardware wasn't exactly top of the line, hence the mid gen releases. Wouldn't want another situation like that.

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ConsoleHaven

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@scottyp360: Not only that, but, Sony also has to placate developers and I don't think many of them are pushing for a new platform to develop on just yet. A 2020 release date would suit me, but 2021 is just fine by me.

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Vodoo

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If the PS3 and 360 were 7 years for a successor because the games are so expensive to make, then I would assume this gen will be 9-10 years, which is why we had a mid-grade refresh with the Pro.

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deactivated-5bee09b4aa01f

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@Vodoo: Thx for proving that you don’t know Jack Squat 9-10 years LMFAO.

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Vodoo

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@badboyfx86: Has there ever been a mid-gen upgrade of a console? No! I don't mean a smaller version, I mean an upgrade, like The Xbox X or PS Pro. No!

Has tech improved enough that the games will have a significant improval and be cheap enough? No! Going from 30fps to 60fps in 4k is not a reason for a new gen. Console manufacturers mainly want to improve visuals because that's what consumers notice. They already put out an upgraded console to address that.

Has 4k games increased the already sky high cost of development? Yes!

Now you tell me the reason you think a whole new gen would come earlier when it's not feasible, wise ass. 3 more years will be 8 years. Pretty damn close, dip shit. Every gen is getting longer and longer now.

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deactivated-5bee09b4aa01f

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@Vodoo: Backtracking from 9 to 10 years to 8 years now ? good luck with your Moronic Vodoo thinking. Most people educated easily think and assume Fall 2019 is the earliest and Fall 2020 is the latest.

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bfeinberg

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Edited By bfeinberg

@badboyfx86: Um, did you even read the article... or are you suggesting we should actually take what you are saying over what the Playstation boss says. Thanks, but I prefer to get my news from reputable sources, not some random internet troll.

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deactivated-5bee09b4aa01f

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@bfeinberg: Thanks for proving how slow you are and believe everything from one site, keep staying a follower your whole life. ?

https://www.resetera.com/threads/bloomberg-sony-did-not-say-that-ps5-is-3-years-away.44691/

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bfeinberg

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@badboyfx86: See you in 2021 when I am going to rub your face in your comment over and over again while laughing the entire time.

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gfantini

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@Vodoo: You got it all wrong. Last gen took longer because of two main reasons: the 2008 financial crisis and the fact that the PS3/360 were monster hardware when they came out. These factors just don't exist in the current generation. In fact, the PS4/Xbox One were already behind in terms of hardware technology when the were released. And this is why a mid-gen refresh was needed. And it is the same reason that will lead to a sooner rather than later PS5 release. Despite of what the above article implies.

Additionally, you bring out a good point: game development cycles. They are indeed becoming longer and more expensive. But you're missing one key ingredient: in previous generational leaps, system architectures were disruptive. This won't be the case anymore. It's all pretty standard x86. PS5 will definitely be backwards compatible with PS4 games, and developing cross generational titles will be a whole lot easier. Just like on PC. You see, the line between generations is becoming blurrier.

Last but not least, another strong reason for the mid-gen refresh consoles is the rise of PC gaming. And why do people jump to a more expensive and time consuming platform? Mainly because of hardware capacity. Hence, it is unlikely that the PS5 will take another 3 years. The PS4 Pro just won't cut it for many gamers.

I my opinion, these 3 years are the transitional phase. That's what Kodera meant. Which could mean the PS5 will be out halfway. Holiday 2019, it is.

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deactivated-5bee09b4aa01f

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@gfantini: With PS4 Pro being a Mid Gen Upgrade PS5 6 years after PS4 and 3 years after PS4 Pro makes perfect sense, earlier this year I read on a forum that Mark Cerny made a visit to Infinity Ward and they’re launching Modern Warfare 4 Fall 2019 I really see PS5 getting announced next year and launching that Fall.

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GunEye

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@gfantini:

@gfantini:All your points are very valid and mostly logical but I think many things are just not definite.

For starts, be extremely doubtful, that PS4 games would be playable on PS5 - that is backward compatible. Why ? Because Sony. Yes it's possible, and yes it's more likely than before- but I still highly doubt that. Why let gamers have all the games on 1 machine when you can milk older machines, when you can produce and reproduce "REMASTERS" and when you can utilize PS NOW and so on? Money and just being dumb and not user friendly.

I extremely doubt the lines between gens will be blurry. In fact the lines between PS4 and PS4 PRO aren't that blurry anymore. And I'm not even saying the PS4 PRO is well utilized.

I think PS5 is ways off, and I think he literally meant 3 years at least, before a reveal, so it might even be 4. We could get a PS4 PRO Enhanced or something though. Which will suck imo.

I believe it's extremely doubtful we will be PS5 on 2019. 3 years does sound a lot - it would mean 2021 (reveal) or 2022 (release). That will mean 8-9 years console cycle (2013 to 2021/2 if you ignore PS4 PRO). Which would be the longest lifecycle for a console, right?

On one hand I'm actually happy about it, because I feel like I barely utilized my PS4 (which I sold before the PRO) and PS4 PRO on which I only played a few games. (My PS3 is still plugged in, sitting one of my shelves, but frankly inactive for a long time). I don't feel like investing and switching yet. Especially with no really interesting and groundbreaking games coming soon, and since we have yet to fully utilize the consoles. You can already see how some games on PS4, while struggling here and there - look vastly better than games released on 2013. I only wish PRO benefits and optimization would have been more dramatic.

On the other hand, a new PS5 - with new next gen games- could be a great step forward. Especially if this time we will ACTUALLY get the promised 60FPS and other benefits.

I have a gaming PC, bought a 1080Ti last summer (barely used it yet) but I didn't replace my my i5-3570K Ivy Bridge CPU (and compatible RAM and MOBO - because you can't replace one without replacing everything else :z ) since I bought (2012 I think) - because: A- it wasn't too necessary, B- I don't feel like building from scratch C- PC hardware is extremely unaffordable and pricey D- I play a lot of my games on PS4 and some less demanding games on PC- so why waste an upgrade now? Extend the PC life, and squeeze more, bigger bang for buck and I still consider it high-end.

Rise of PC Gaming is a bold statement, yes they rose and sales on PC increased dramatically ever since Steam got into the picture - and the damn pirates and their filthy piracy took a back seat (even though they still exist unfortunately). But PC Gaming is in really bad position, and shambles even, with the Bit-Coin Bubble (just waiting to burst and already bursting daily, thankfully) and rise of hardware. GPUS - mainly, being extremely expensive and out of stock, CPUS too, Motherboards and RAM at really high prices, even SSDs- all very very expensive. Heck even accessories like KB are as expensive as ever. And every little "gen" upgrade there requires to switch 3-4 components because of annoying compatibility issue (main reason why I didn't fully upgrade).

Not to mention Games on PC have never been so un-optimized. Batman Arkham Knight 2015 - is a great example. You have Dishonored 2 as well. You have Remasters and Port versions of old console games also not making a good transition every once in a while. Hellblade is extremely unoptimized and heavy and the developers never addressed that. Heard that Deus Ex MD also like that. So even if you build a godlike PC you are still going to struggle often.

If only developers would optimize PC games and optimize hardware utilization more - we could squeeze so much more from our CPU and GPU- even on older hardware.

With all that said- I would really enjoy PS5 ONLY if it's a tangible significant MASSIVE leap from PS4 PRO (strong cpu, stronger GPU, better quieter cooling, SSD) , and only if proper console exclusive games would release on it. I love the simplicity of the consoles and some of the features like instant recording.

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Megavideogamer

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Sony's PlayStation 4 may just sneak past the 100 million mark. 3 years left on the stove. So there should be lots of games during the last years.

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gargungulunk

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Yay, three years of "update news" and speculation.

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tingtong

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“PS5 is still 3 years out, but stay tuned for our new handheld, coming to you 2019!"

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atherworld

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Moving towards subscription services. So no PS6 then. Strictly streaming only, I'd wager.

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LiveDreamPlay

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@atherworld: Unlikely. Things are going to well in the hardware sells department.

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Edited By JoshRMeyer

"[UPDATE] John Kodera, the PlayStation boss, offered some further details on his initial PlayStation 4 comments in an interview. Translated by video game industry consultant Serkan Toto, Kodera reiterated that the PS4 is in the final stage of its lifecycle. Over the next three years, Sony will take steps to prepare for the future, apparently."

3) While he doesn't use the word "PS5", Kodera says (again) the PS4 entered the final stage of its lifecycle and that Sony will spend the next three years "preparing for the future"

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JoshRMeyer

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Nowhere does he say ps5 is 3 years away...

https://www.bloomberg.co.jp/news/articles/2018-05-23/P95T6M6K50XU01

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deactivated-5bee09b4aa01f

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@joshrmeyer: Exactly PS5 launching Fall 2019 would be the earliest and Fall 2020 would be the latest, I’m team 2019.

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bfeinberg

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@badboyfx86: Once again, you have absolutely no authority on the subject so not sure why anyone would listen to you on this. You state 2020 would be the latest as fact. Sorry bud, that is not a FACT unless you actually work for Sony and have insider info.

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deactivated-5bee09b4aa01f

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@bfeinberg: Keep Believeing PS5 will Launch in 2021 ? the amount of young uneducated kids like you on this site is unbelievable.

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ch2423

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@badboyfx86: what does an education have to do with guessing when a videogame system will come out? If I get a doctorate, can I predict lotto numbers?

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