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Sony reveals The Next Generation Of Its game Console Following Play Station 4

                       
Sony has confirmed that a next-generation PlayStation console is in plan to succeed the PlayStation 4.
Sony president and CEO Kenichiro Yoshida said: “At this point, what I can say is it’s necessary to have a next-generation hardware." In an interview with the Financial Times

Kenichiro did not say if this console will be called the PlayStation 5 or when it will be released.

                             
Sony Interactive Entertainment's CEO John Kodera has already confirmed the PlayStation 4 is coming to the end of its life cycle, so confirmation of a next-generation PlayStation console is not surprising.
 However, some industry analysts are predicting we could see the next-generation console in 2020 or 2021 – while others predict it could be as soon as Christmas 2019.
Depending on when it's released the new console could be going head-to-head with the next Xbox – named Xbox Scarlett – which is rumored to be arriving in 2020.

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