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If they do a revision it will be of the base ps4. I mean sure they could have a $199 PS4, $279 PS4 Pro and $499 PS5 as their lineup but I don't see it happening.

The PS4 Pro is for people who are willing to pay a premium for a modest improvement in performance, when the PS5 is out those people looking for performance will turn to it. PS5 takes the PS4 Pro's market.