For a while now, gamers have been asking Sony about its response to Microsoft’s Xbox One X. Now that we know how much the next-generation Xbox console would cost, many are now waiting with bated breath as to when Sony will announce the PlayStation 5. Unfortunately, the gaming company has remained silent about the topic.
On the other hand, an analyst from Wedbush Securities somewhat thinks that Sony might delay the Playstation 5 a bit. Although there is the pressure of the Xbox One X, the company is still confident that it has everything planned out well.
In an interview with Gaming Bolt, analyst Michael Pachter said he believes that Sony will launch the Playstation 5 sometime in 2019. There is a chance that Sony might push it to 2020, but Pachter is betting more on a 2019 launch date.
Pachter also said that at the moment, Sony is concentrating on developing and widening the selection of games on the Playstation 4 Pro. This is crucial, according to Pachter, because he thinks the Playstation 5 will be backwards compatible with the Playstation 4 Pro. Furthermore, with this backwards compatibility, there is also a high likelihood that PS4 games will also be playable on the PlayStation 5.
At the moment, Sony is biding its time to release its next-generation gaming console. For one, it would seem practical since the market for 4K displays is still pretty small. Pachter believes that Sony is waiting for 4K displays to penetrate at least 50 percent of the U.S. market and 35 percent globally.
To gamers who already own the PS4 Pro, this is quite a relief. Instead of having to change console in the next couple of years, they still have time to enjoy their recently released consoles.
Business-wise, it is also a good decision not to saturate the market with new gaming consoles that are only a few years apart from each other. This has not been the case for most Playstation console. Normally, they are spaced six years apart, with the sole exception of the PS4 and PS4 Pro.
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