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Sony makes it official, they’re working on a “PS5”

Sony is has finally announced they’re working on its next generation console. The Japanese tech company’s CEO, Kenichiro Yoshida, stated that that the time has come when it’s “necessary to have a next-generation hardware,” according to a post from the Eurogamer.

The PS5 will reportedly have a similar architecture to the PS4 and “represent a major departure from the PS4,” according to the Financial Times (behind paywall). While this could be exciting news for PlayStation fans, it’s still highly unlikely for Sony to release the new console in the near future. At current, the PS4 is currently the best-selling current-generation console.

Hopefully, this could perhaps allow Sony’s new console to be backwards compatible with older PS4 games. By contrast, Microsoft’s Xbox head Phil Spencer implied that Microsoft’s next-generation console(s) will likely be backwards compatible with older games, saying that his company has a “track record of compatibility and us respecting the purchase of games you’ve made with us and bringing that to the current generation.”

A new console isn’t the only thing Microsoft is working on. Yesterday, the tech giant announced that it’s working on a game streaming service to allow Xbox game to be played on computers and mobile devices.

Are you looking forward to Sony’s next console, or is a newer Xbox something that excites you more? Let us know your thoughts down below.

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Which would you buy, a PS4 or the next Xbox?