Get ready and put a hold down on the Playstation 5 as American analyst Michael Pachter reveals that the new console is only two years away.

If you are not familiar with Michael Pachter, let me tell you that he is a reputable analyst at Wedbush Securities and focuses on areas like electronics, video games, and social media. According to him, the PlayStation 5 has everything consumers want in a console: amazing games, service, performance, and fair pricing. It would not be wrong to say that the success of PlayStation depends on a system that brings gamers and companies together.

Despite the fact that Xbox One X and Nintendo Switch are dominating the local markets, the PlayStation 4 is still the best-selling console. With the release of PlayStation 5 in 2019, Sony may get a chance to dominate the tech markets worldwide.

Is PlayStation 5 a powerful console?

Without any official information, it's impossible for us to say anything about the looks of PlayStation 5. However, we know that the Xbox One X has an eight-core 2.4 GHz CPU, 14GB GDDR5 memory and lots of other features. Sony will have to introduce the PlayStation 5 with far better specifications than the Xbox One X to survive in the domestic and international markets. Express UK recently interviewed Michael Pachter and asked him about the successor to the PlayStation 4.

Michael said that the PlayStation 5 would be compatible with all types of video games. Its graphics and memory storage will be far better than the Xbox series.

PS5 release date

Ever since Sony launched the PlayStation 4, the game lovers started inquiring about PS5. PS4 sales were so huge that it became the best-selling console in the United States with more than 240,000 consoles sold in just three days.

These numbers are enough to tell how many people are waiting for the PlayStation 5. It has been rumored that the new console is coming out either in December 2019 or in January 2020. However, Pachter said in a statement to MCV that summer 2019 would be the best time for Sony to release its latest console.

"I feel that it's not coming out in either 2018 or 2020.

Summer 2019 is the best time for Sony to release its new console," Michael Pachter told the news outlet.

We agree with Michael Pachter as Sony has a great line-up of video games launching in 2018 and 2020. So, summer 2019 is the best time for the release of PlayStation 5. What do you say about it? Do not forget to share the thoughts in the comment section below.