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setsunatenshi said:

The only thing I feel you're forgetting is that it's pretty much evident the new console whenever it will arrive will play PS4 games natively. So there's no real reason to delay too much the new gen if they can make a smooth transition to it.

Wouldn't be surprised if at the beggining all PS4 games will run on PS5, but perhaps new PS5 games will not run on PS4, maybe running on PS4 pro at lower settings. No reason why indie games won't simply run on both PS4 and PS5 using a similar architecture.

What better way to open a new gen, than to say all your previous games are available on the new console day 1.

Waiting until 2020 is possible, but to me seems a bit excessive

Oh I fully expect the PS5 to play the PS4 games. Hell, I pretty much expect the PS4 to play "PS5" games.... and for most of the life of the PS5. I said it in another thread, or maybe this one. The PS5 will be the 4k native console, the PS4 pro will drop to the 1080p console with a few games employing checkerboard rendering and the PS4s will drop to being a 720p console. They could even strip some OS features from the PS4/PS4pro to free up some ram to better suit it for its forward compatibility with the PS5.

But all that, doesn't actually mak a case for the PS5 coming sooner. If anything that makes it come later. Thing is, PS5 coming whenevr it comes is hinged on whenver 7nm processors become available. By all current indications thats going to be around 2019. That basically means that even if sony wanted they could release a new console before 2019. 

And once those 7nm chips arrive in 2019, sonys PS5 development pipeline wouldn't be ready to go day and date, it still takes a little time to iron out a custom chip for a console. And of course to iron out the kinks in manufacturing and testing said custom chip. Simply put, 2020 isn't just a likely time of release based on nessecity and whats possible, its also a best case scenario estimation. In truth it could even be later.

Look at it this way, if we get 7nm chips from AMD in 2018 (next year) then there is no reason why we couldn't get a PS5 in 2019. If we get them instead in 2019, then the soonest the PS5 will release will be in 2020.