Instead of figuring out when the PlayStation 5 will be launched, gamers should instead enjoy what the PlayStation 4 offers. Two people "directly familiar" with Sony's plans told him that there was no chance of the PS5 releasing in 2018. We don't have any plans for more Resistance at this time, but we always say: never say never. They mentioned that the release date could be moved to a later date and Sony is apparently just trying to find the right moment to release its new hardware for maximum profit and exposure. We hear from folks all the time who want to play those games again.
A recent online rumor suggested the successor to PlayStation 4 will launch in 2018, but PlayStation 5 is unlikely to be released until 2020 at the earliest, according to a report from Kotaku's Jason Schreier citing several game development sources.
"On a multi-year project, a lot can happen to shift schedules both forward and backward, said one source".
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"At some point, Sony's probably looked at every possible date", said the insider. However, with SemiAccurate having previously reported that PS5 dev kits were being sent out, rumors began to circulate that the console was in production and it would be arriving sooner rather than later. After all, those early kits are often generic pieces of hardware that aren't specifically tied to the final design of a next-gen console. Gamers had to wait another six years before the PlayStation 3 came out (2006) and then the PS4 hit shops in 2013.
Those developers that have formed the tier 1 of the circle and even Sony's own studios have the impression that a 2019 release is out of the question, unless Sony is making some drastic roster changes.
The PlayStation is one of the best gaming consoles available in the market and has direct competition from Microsoft's Xbox and Nintendo Switch. However, the current state of the console industry - especially as it concerns releases like the PlayStation 4 Pro and Xbox One X - means that you can't really take anything for granted concerning the likely release date of an upcoming console.