Sony is a trusting and smart brand that swept the world by storm with the arrival of the Playstation 4. The system has been dominating the charts in the US and it has not been slowing down. The PS4 has everything a customer would want in a console: great games, performance, service, and fair pricing. The Japanese brand has created excitement and promise with great game previews at their E3 Press Conference.

The future of PlayStation rests on making another great system to bring to fans and gamers because of the impending release of the Xbox One X and the new Nintendo Switch.

However, the PS4 has still been dominating both Nintendo and Microsoft sales. The PlayStation 5 has been rumored for quite some time, although some evidence points to the console coming out in either the year 2019 or 2020. The PS4 has only been out for 4 years so far, and by Sony's tradition a new console follows every seven years. So a 2019 or 2020 release could prove to be true. Additionally, the PS5 is indeed real.

Good for Nintendo and Microsoft

The far off possible release dates for the new PlayStation is good for other competitors in Microsoft and Nintendo. They surely need more time to bounce back from being beaten by Sony.

The Xbox One X will be hitting the market on November 7th and could make a good impact, while the Nintendo Switch is growing and will be releasing more popular games to get fans and customers to buy the Switch.

Nintendo has also been making other moves by the arrival of a new Super Nintendo system coming out in September.

Atari is also set to debut a new console named Atari Box, so they are also looking to get into the competition.

PS5 to benefit from 4K surge

An article by Gary Jones via Express states that with the other consoles, it could have affected plans of the PS5 release date in 2018.

Wedbush Securities analyst Michael Pachter believes "that 2019 is a likely year for the PS5 due to 4K becoming more attractive to gamers in the future." So a 2018 release could not be possible. This is an intelligent approach by Sony because 4K televisions will become more affordable and accessible years from now.

Pachter said to GamingBolt that "My expectation that is that it's not coming out in 2018." He continued, "Sony is probably timing it better because they are going to bring out a 4K capable device when the 4K TV market reaches 50% in the USA and 35% in the rest of the world." Customers will be more willing to buy a great console when they have a good 4K quality TV.

Backwards compatibility

Pachter also stated that the PS5 will include backwards compatibility. The PS4 Pro is able to play 4K so it is a step forward than the regular PS4.

There were also mentions of the PlayStation 5 being able to run 240 frames per second. If this is true, that would be extraordinary and groundbreaking.

From the sounds of the rumors and more information, the PlayStation 5 sounds like a console to be reckoned with. PlayStation fans are surely excited to see the PS5 and hear more information given out on it. However, Sony should not rush the development of a new system because of the extreme success of the PS4.

One thing for sure is that whatever this PlayStation 5 is, it sounds pretty groundbreaking.