PlayStation 5 At Least Three Years Away

<p>Many outlets have already covered that the PlayStation 4 is nearing its end&period; However&comma; there is some good news to come out of this&period; According to some&comma; the PlayStation 5 is on its way&period; The news comes courtesy of industry consultant Serkan Toto&period;<&sol;p>&NewLine;<p>Mr&period; Toto translated an interview John Kodera had with Bloomberg Japan&period; While Sony hasn&&num;8217&semi;t commented outside of this&comma; Mr&period; Kodera&&num;8217&semi;s comments should be seen as somewhat of a comment on the next console&period; According to Mr&period; Toto&colon;<&sol;p>&NewLine;<p>&&num;8220&semi;<em>While he doesn&&num;8217&semi;t use the word &&num;8216&semi;PS5&&num;8217&semi;&comma; Kodera says &lpar;again&rpar; the PS4 entered the final stage of its lifecycle and that Sony will spend the next three years &&num;8220&semi;preparing for the future&period;<&sol;em>&&num;8221&semi;<&sol;p>&NewLine;<p>Sony originally said during a <a href&equals;"https&colon;&sol;&sol;c-6rtwjumjzx7877x24bbbx2ex78tsdx2esjy&period;g00&period;gamespot&period;com&sol;g00&sol;3&lowbar;c-6bbb&period;lfrjx78uty&period;htr&lowbar;&sol;c-6RTWJUMJZX77x24myyux78x3ax2fx2fbbb&period;x78tsd&period;sjyx2fXtsdNsktx2fNWx2fqngwfwdx2fuwjx78jsx2fx78ywfyjldx2f7563x2fuwjx78x78&lowbar;J&period;uik&lowbar;&dollar;&sol;&dollar;&sol;&dollar;&sol;&dollar;&sol;&dollar;&sol;&dollar;&sol;&dollar;&sol;&dollar;&quest;i10c&period;ua&equals;1&amp&semi;i10c&period;dv&equals;14">Corporate Strategy Meeting<&sol;a> that they were winding down production of the PS4&period; However&comma; that doesn&&num;8217&semi;t mean that they are stopping production&period; The console is expected to sell well&comma; but profits will reduce over the next two to three years&period; This means that Sony needs to focus on other aspects of the business&period;<&sol;p>&NewLine;<p>As some further important context&comma; Kodera was talking to investors and analysts about the health and viability of the PS4 as a platform&period; This year is expected to see a three million until dropping in sales for the PS4 compared to last year&period;<&sol;p>&NewLine;<h2>PlayStation Vita<&sol;h2>&NewLine;<p>However&comma; this isn&&num;8217&semi;t the only news to come out of the interview&period; Mr&period; Kodera is also focusing on the PlayStation Vita&period;  As Mr&period; Toto notes&colon;<&sol;p>&NewLine;<p>&&num;8220&semi;<em>In an interview with Bloomberg Japan&comma; Sony Interactive Entertainment CEO Kodera says his company &&num;8216&semi;considers various options around the PS Vita&&num;8217&semi; again&period; This comes after his predecessor House said last fall that portable gaming is not a big market&period;<&sol;em>&&num;8221&semi;<&sol;p>&NewLine;<p>This is good news for PlayStation fans&period; However&comma; it should be noted that it isn&&num;8217&semi;t confirmation of an actual release date for the PlayStation 5&period;<&sol;p>&NewLine;<p><strong>Source&colon; Serkan Toto&sol;Twitter&period;<&sol;strong><&sol;p>&NewLine;