Category PS5 News       Thread starter prabin       Start date Apr 27, 2019 at 7:52 AM       3,272       23            
Proceeding confirmation of PS5 backwards compatibility and 8K output, it appears is Sony Interactive Entertainment (SIE) is finally starting to open up with bits of information on their next-generation PlayStation 5 console! :sneaky:

According to WSJ Technology Reporter Takashi Mochizuki via Gematsu.com, as part of their FY2018 Consolidated Financial Results meeting today Sony stated the PS5 will not launch within the current fiscal year that ends on March 31, 2020... according to Ace Research Institute Analyst Hideki Yasuda it won't be expected until November 2020.

Here's what else came out of the fiscal year meeting (18q4_sonypre.pdf) from Sony thus far from the Tweets below:
  • No next-gen PlayStation launch over next 12 months
  • PS Now has been ave. 40% annual growth since launch, now 700,000 users
  • Much of Y31.1 billion (difference between past fy op vs this fy op outlook) to be invested to develop next PlayStation console
By the answer from SIE, "the possibility that the next generation of PlayStation will be out by April 2020" is now 0.
Sony Financial Results Meeting No PS5 Release Before April 2020.jpg
 

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