However, for the PlayStation 5 to launch this fall, it should already have entered mass production.
Two sources who are familiar with Sony's plans for the PS5 said that it is unlikely to release in 2019, let alone 2018. We don't have any plans for more Resistance at this time, but we always say: never say never.
Sony PlayStation fans may have been rather rather eager for the advent of the next console, but it now appears that the Japanese company has no plans to introduce the console before 2020.
"At some point, Sony's probably looked at every possible date", said the insider.
There have been rumors swirling online about the potential for Sony to shock the world this year and do a sudden 2018 release of the PlayStation 5, perhaps even at E3 this summer.
Kotaku's extremely well-connected Jason Schreier has recently spoken to dozens of developers, both first and third-party, about the next generation of consoles, and most knew nothing about it.
Previous PlayStation 5 rumors have pegged the console's release date to as early as 2019 and as late as 2021, but Sony has so far not revealed any official information regarding the next PlayStation console.
That's because early development kits for any console don't resemble that console's final form at all. Sony has also updated some of the games like The Last of Us Remastered, Uncharted 4: A Thief's End, Call of Duty: Infinite Warfare and Rachet & Clank to make use of the new PS4 Pro's hardware. The PlayStation 5 release date is unlikely before 2020, so the PS4 owners do not have to worry about upgrading just yet.
The PlayStation is one of the best gaming consoles available in the market and has direct competition from Microsoft's Xbox and Nintendo Switch.
Also in the report is word that the PS5 will play games that do not run on PS4, so this sounds like it could be a big step up. Since we are discussing the PlayStation, let's have a quick glance at pricing details of the now available version of PlayStation which is the PS 4 pro.
Sony may have an announcement of a hardware or at least a teaser of it by the coming June.