Published: Wed, October 10, 2018
Technology | By Lionel Gonzales

Sony makes it official, they’re working on a "PS5"

Sony makes it official, they’re working on a

Sony previously shared its admiration for, and goals to offer, a fully functioning video game streaming service. We expect that it'll announce a new console when it's good and ready, but until then, it seems to be keeping mum. However, the fact that Yoshida has publicly referenced next-generation hardware and Sony's need for it could be an indication of where the company feels the PS4 is in its life, as well as acknowledgement that a successor is in the works.

The PlayStation 9, coming in 2078, was first advertised as a goof by Sony in an ad campaign for the PlayStation 2. The PlayStation 4 console has sold roughly 76 million units worldwide, in comparison to Nintendo's Switch (17.79 million) and Microsoft's Xbox One (Between 30-50 million units). Speaking with the Financial Times this week, Sony CEO Kenichiro Yoshida confirmed that the company believes it is "necessary" to release another console, though he wouldn't call it the PlayStation 5. That's not as surprising, as the PS4 has dominated this console generation, repeatedly topping the Xbox One in USA and worldwide sales, month after month.

Both Sony and its traditional arch-rival, the Xbox-toting Microsoft (msft), have recently been moving towards support for game-playing across different devices.

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Industry sources with knowledge of Sony's plans tell the Financial Times that the new console "might not represent a major departure from the PS4, and that the fundamental architecture would be similar". Kodera still sees potential in portable gaming, and thinks it shouldn't be separated from console gaming but seen as another way to experience gaming.

The PlayStation 4 has achieved frankly ridiculous success and is threatening to become one of the best-selling consoles of all time, and a consistent line up of stellar exclusive has only helped fuel that success.

But don't expect the PlayStation 5 any time soon.

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