PS5 Won’t Release Within the Next Year
A release for the PS5 through the end of March 2020 has now officially been ruled out.
When Sony out of nowhere revealed the first details of the next PlayStation console (likely the PS5) last week, it made clear that the system wouldn’t release in the calendar year 2019. As of today, that period of time in which the next-generation system won’t be releasing during has been detailed just a bit more.
Alongside the release of Sony’s financial information for fiscal year 2018 earlier today, the company shared a new statement regarding the PS5 and its release. According to The Wall Street Journal’s Takashi Mochizuki, Sony Interactive Entertainment has stated that the PS5 isn’t slated to launch within the next year, or to be more specific, the coming 12 months. This information, given in the context of the outlook for Sony’s upcoming fiscal year, means that a release of the PS5 at any point before the end of March 31, 2020, the date in which FY2019 wraps up, is out of the question.
Honestly, none of this information is all that surprising, but it does continue to provide us just a bit more context regarding Sony’s plans for the new system. Given that Sony has opted to release all previous PlayStation consoles in the fall window closer to the holiday season, it stood to reason that this would likely be the plans with the forthcoming PS5 as well. Even though that fall 2020 window is by no means a certainty for the console’s launch, ruling out a release in the early months of the year adds more credence to the console launching in the back portion of the year.
There is still a lot we have to learn about the PS5 and considering that Sony won’t be at E3 2019 in June, it’s hard to know when we might start to hear more about the new console. Still, more information will likely come soon enough and I for one am looking forward to seeing what Sony has to share.
-No next-gen PlayStation launch over next 12 months
-PS Now has been ave. 40% annual growth since launch, now 700,000 users
-Much of Y31.1 billion (difference between past fy op vs this fy op outlook) to be invested to develop next PlayStation console
— Takashi Mochizuki (@mochi_wsj) April 26, 2019