Sony Confirms PlayStation 4 Successor Coming Despite Rise In Game Streaming Services

Sony planning Backward Compatibility for PS5 [Rumor]

Sony isn't done with its traditional consoles just yet, however, as CEO Kenichiro Yoshida revealed to the Financial Times that a PlayStation 4 (PS4) successor is now in the works. Currently, details on the new system were not disclosed and Sony refuses to give the console a name for the time being.

During an interview with the Financial Times [via Games Industry], the Sony CEO confirmed that a next generation PlayStation, nearly definitely the PS5, in on the way. Sony CEO Kenichiro Yoshida confirmed that the PS line was getting a next-gen console to the Financial Times, saying that, "at this point, what I can say is it's necessary to have a [sic] next-generation hardware".

The biggest shifts in the gaming world are those from consoles to mobile devices, the rise of online streaming-cloud gaming, as it were-and the emergence of so-called "esports".

It's the traditional format for the video game business: Produce a new, more powerful game console every 5 to 10 years that's distinct from previous hardware generations.

The PS5 will reportedly have a similar architecture to the PS4 and "represent a major departure from the PS4", according to the Financial Times (behind paywall).

#ChargeGate and 5GHz WiFi fix for iPhone XS is out now
The iPhone XS #ChargeGate issue has finally come to an end as Apple has released a fix with its minor iOS 12 .01 software update . Some users of the newly released iPhone XS and iPhone XS Max discovered slower WiFi speeds than expected on their new devices.

The PlayStation 4 is the base model of Sony's current console, whereas the PlayStation 4 Pro is a visual step up. That's not such a surprise: More than ever, players are demanding that their digital game libraries carry forward.

A patent filed by Sony has emerged, which appears to provide a potential means of making PS4 games backwards-compatible on the forthcoming PlayStation 5.

Less than two years ago, Sony launched the PlayStation 4 Pro: A more powerful update to the PlayStation 4.

While it's too soon to speak for the next-next generation, it is likely reassuring to PlayStation fans that there will be at least one more console in the works.

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