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It's a possibility, but unless the PS4 drops like the Wii did (or even worse) and SONY losing money again on the console division I'd very highly doubt it.

That said, if the company as a whole doesn't make enough money from the PS4 it could compromise or delay the development of a PS5 due to lack of funds. But that's still a far way into the future (2019-2020 is my guess)