Sony finally confirms PlayStation 4 successor is in the works

It appears that Sony has finally confirmed what many people already suspected – that a next-generation console is in the works. Whilst talking to the Financial Times, Kenichiro Yoshida made this comment about what may or may not eventually be called the PlayStation 5:

At this point, what I can say is it’s necessary to have a next-generation hardware.

Clearly, Yoshida hasn’t risen to the lofty position of CEO of one of the world’s largest multinationals without being fully aware of market trends and keeping an eye on what competitors are up to. There are plenty of rumors already about Microsoft’s work on an Xbox product codenamed Scarlett and Nintendo planning a Switch 2; there is no way Sony will want to be left behind in this particular race.

So this admission by Yoshida should help ramp up the rumor mill into overdrive as tipsters and leakers attempt to squeeze every single possible detail about a next-generation console out of their sources. Expect questions like will it be called PlayStation 5, will the device offer backwards compatibility, and will it arrive before 2021, to be the subjects of frequent rumor explosions over the coming months.

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