Sony boss Kenichiro Yoshida has essentially confirmed that there will be a PlayStation 5 at some point.

Speaking during an interview with the Financial Times (via, Yoshida-san didn't actually utter the words 'PS5', but made it clear the format holder is looking to release a next-generation console. It's not all that surprising to be honest, right? 

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

The PS4 launched back in November 2013 alongside the Xbox One, meaning both consoles are almost five-years-old. At this point most people expect a new console to arrive on the scene, although last generation bucked the trend by keeping PS3 and Xbox 360 around for seven years before a successor arrived.

Still, plans are definitely in motion. Microsoft announced at E3 that it is working on a new console, which is reportedly codenamed Scarlet and may be out in 2020.

The PS4 has been a huge success in its half-decade on the market, shipping over 82 million units worldwide. There's still a number of big exclusives in the pipeline too, including Days Gone, The Last of Us: Part II, and Death Stranding.

Sony recently announced that it would not be hosting its annual PlayStation Experience event in December.

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