Don’t Expect the PS5 Before April 2020
In case you were somehow holding out hope, Sony has made it official: The PS5 will NOT launch before April 2020.
The statement came during Sony’s financial briefing call following the release of their 2018 financial year results. Wall Street Journal writer Takashi Mochizuki reported the news on Twitter, saying “No next-gen PlayStation launch over next 12 months.”
-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
— Takashi Mochizuki (@mochi_wsj) April 26, 2019
While there has been speculation that Sony may drop their next-gen console within the next year, it always seemed like a pipe dream. With this statement, the launch of the PS5 is now outside of the 2019/2020 financial year, which means May 2020 is the earliest we can expect Sony’s next console to go on sale. However, even that date feels ambitious and not typically how Sony operates. With sales of the PS4 still going strong, it’s also possible the new console won’t even launch in 2020.
In terms of what is confirmed, PlayStation system architect Mark Cerny revealed in a WIRED interview that the PS5 will support 8K output, enhanced sound, include a solid-state drive, and will even play PS4 games.
In its recent financial report ending March 31st, 2019, Sony announced that total shipments for the PS4 have now reached a staggering 96.8 million. 2.6 million consoles were shipped during the third quarter, an improvement of 0.1 million from the previous fiscal year.
Sony is forecasting another 16 million PS4’s in the fiscal year 2019 which happens to run from April 1, 2019 to March 31, 2020.
When do you think Sony will launch their next console? Leave us a comment down below.