PS5 Confirmed To Launch After 3 Years As PS4 Entered End Of Life

Maricris Jose
12:49 PM

It was on Tuesday when the Japanese tech giant announced that the PS4 had entered the end of its lifespan. Though many thought that this would mean new gaming console will arrive soon, you may have a longer wait than expected as it was already confirmed that the PlayStation 5 (PS5) will take 3 years to be developed.

According to The Wall Street Journal, Sony’s head of PlayStation, John Kodera, has stated that the company will take the next three years to develop the fifth-generation PlayStation console which is dubbed as the PS5. “We will use the next three years to prepare the next step, to crouch down so that we can jump higher in the future,” Kodera stated.

The said pronouncement means that Sony is looking at an unhurried update cycle than typical. The next-gen of PlayStation consoles typically come 6-7 years after the recent one is launched. It can be recalled that the PS4 was released in 2013, and since then the tech giant was able to sell more than 79 million units.

It was on Tuesday, when Sony’s new CEO, Kenichiro Yoshida, publicized a three-year business plan for the firm. He’s predicting that incomes will dip to some extent towards 2021, somewhat below the $1.6 billion it made this previous fiscal year.

Moreover, Kodera stated that the end of the PS4 would have a slight effect on the company, as it has been affecting PlayStation’s concentration from hardware to online subscription services. Its objective is to augment revenue sources that are steadier than unstable hardware and software transactions.

Assuming the long delay until the PS5 is launched, it’s doubtful that we’ll hear much about this gaming console for some time. It is already known that Sony won’t be conversing about new hardware during E3 2018. As an alternative, Sony will concentrate on four big games during the upcoming event.

What can you say about the 3 more years of waiting for the PlayStation 5? Please share your thoughts with us in the comment section below!

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About Maricris Jose
Maricris is a writer who has spent two years writing about trending news and viral contents. Technology is her most favorite niche as she worked before as a Sales Associate in a leading and well-known gadget store in the Philippines.Email Maricris- maricris@73buzz.com
https://www.73buzz.com/ps5-playstation-5-to-launch/
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