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Nuvendil said:

Highly doubt it. The PS4 jump over the PS3 disappointed initially and wasn't fully appreciated for years. The Pro also disappointed many. Contrary to the current rhetoric, generations need to get *longer* NOT shorter.

I personally anticipate the PS5 in 2021. 2020 at the absolute earliest.   I don't think Sony is concerned with the next Xbox because Microsoft's posturing leaves considerable doubt there will even BE another Xbox after the One line.

Sony isn't going to rush out the gate to get the drop on Xbox. No sense in taking the risk.

I agree. 

Frankly, there is essentailly zero change that PS5 launches in early 2019.  That would mean 15-19 months from now.  But, there hasn't even been a credible rumor, a leaked photo, or anything else to indicate that Sony has something coming that soon.  Also, nobody launches systems early in the year, unless they're forced to do so by the failure of a previous product (ie, Nintendo), or are late delivering a system that was intended for the previous fall.  Sony is definitely not in either of those situations.  So, even if it was going to be a 2019 launch, it would be late in the year.  

From another angle - Sony has no reason to want to rush into the next generation.  They have huge market share right now.  Moving on to the next generation just opens up the field for MS or Nintendo to take a bigger chunk.  Sony will ride out the PS4 as far as they can.  They have a huge install base, so they can rake in the cash with software sales.  

Frankly, I wouldn't be surprised to hear of another PS4 upgrade.  That keeps the market share intact, but still allows for people to upgrade if they want.