UPDATE: RUMOR: PS5 Dev Kits Sent Out This Year. Launch 2019. BC With PS1/PS2/PS3. Sony acquires Silent Hill. Blade Runner PS5 Game At PSX. And More.

[Jabba89]

I don't see them releasing a new console straight after their peak year. We are probably looking at 2020 now, especially with big games on PS4 next year like LOU2 and Ghost of Tsushima, maybe Death Stranding I can't quite remember when that is supposed to release.