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Sony: PS5 Won’t Release Until At Least 2021

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Yesterday, John Kodera, president of PlayStation, revealed that the PlayStation 4 is entering the last phase of its life cycle. For many, this was a sign that the launch of PlayStation 5 is close. However, the reality is different, since Sony believes that they are missing at least 3 years to release its next console or 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 said in a recent interview with The Wall Street Journal that took place after yesterday’s presentation.

In other words, Sony’s plan is to spend the next 3 years making the necessary preparations for its next console to reach the market and be a success. This means that the next PlayStation will not be available before 2021.

Later, Kodera said that one of Sony’s future plans is to rethink the way console cycles work: “We need to depart from the traditional way of looking at the console life cycle. We’re no longer in a time when you can think just about the console or just about the network like they’re two different things.”

An interesting detail is that, in the same interview, Kenichiro Yoshida, CEO of Sony, made it clear that their services – for example, PlayStation Vue or PlayStation Now – will have an important role in their next platform. This is so since they are not only a source of income, but allow them to obtain data about their users, which is very useful in the current era of marketing.

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This is not the only interesting information about PlayStation that has been shared in recent days. What we are referring to is that Sony undertook to continue releasing more exclusives for PS4. The company also spoke about its role in the portable console market.

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