Sony CEO States Next-Generation Console As 'Necessary', Confirming PS5?

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Yoshida stopped short of calling the console "PlayStation 5", but it's widely expected to be the name for Sony's next PlayStation console.

Yoshida-san told the publication, "At this point, what I can say is it's necessary to have a next-generation hardware". That's not as surprising, as the PS4 has dominated this console generation, repeatedly topping the Xbox One in USA and worldwide sales, month after month. Project xCloud - a streaming service that allows users to play Xbox games on mobile, PC, and console - was revealed, and it's set to reshape the gaming world.

From there, the Financial Times made public a few key rumors about the next generation, including the ability to stream on more devices, "as online streaming of games becomes more widespread and the company seeks to derive ever greater synergies between its games and movie divisions".

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A couple weeks ago, Sony (snejf) said it was experimenting with letting people play the hit game Fortnite across the PS4, Android, iOS, Xbox One, Nintendo Switch, Windows and Mac machines.

Sources speaking with the Financial Times said that the next PlayStation console, "might not represent a major departure from the PS4".

The PlayStation 4 is the base model of Sony's current console, whereas the PlayStation 4 Pro is a visual step up.

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We presume that to mean a PlayStation 5 is on the roadmap, and probably already in development. Again, we doubt we'll hear much more than this regarding the PS4 successor until Sony makes an official announcement, so we'll have to sit tight until then. The PlayStation's strength comes from the catalog of exclusive games, which included Marvel's Spider-Man and God of War in this year alone.

Regardless of what Sony declined to say, we now know that new hardware is in the works.

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