The latest word from Sony holds confirmation that the PlayStation 5 is currently in development – and one industry insider is willing to bet that consumers can expect an official release date in 2019. Since launching in 2013, the current generation PlayStation 4 console has served considerably well as the successor to the PlayStation 3 from 2006. Praised from its inception by critics and third-party studios for its superior capabilities over the competing Xbox One at Microsoft, Sony’s release of the PS4 handily topped global console sales by 2016 with 53 million units sold around the world.
Since the release of the first PlayStation 4 model, Sony has developed significant upgrades to the video game console’s core technology with the release of the PS4 Slim and the PS4 Pro – the latter of which crucially afforded consumers an upgraded GPU, a higher CPU clock rate, and 4K supported graphics. Now, it would appear that Sony is intent on taking the next step forward in the gaming industry given with the PlayStation 5 officially under development – and with a potential release date window set for as early as 2019.
According to GamingBolt, the PlayStation 5 is currently underdevelopment (per PlayStation’s America boss Shawn Layden), and will be a major step forward for the brand that will represent a generational leap past the PS4. Just what that might mean for the average consumer is of the utmost interest and importance, to which Wedbush Securities analyst Michael Pachter has surmised the following: