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Mr.Playstation said:
Holiday 2020 sounds about right. It would mean that this gen would have lasted just as long as the seventh generation. An amazing feat considering how people expected this console generation to be so short.

I'll also probably keep my PS4 as my main driver for an extra year and get a PS5 holiday 2021.

Unfortunately, those predictions were made by journalists who never played video games. I vividly remember those articles started surfacing in 2015, claiming that the X1/PS4 will have life cycles akin to the PS2/Xbox - making baseless predictions that we'd get the PS5 in 2017/2018.

 

Make no mistake though, once the PS5 releases in 2020/2021 - it's gonna 10 year + console. Shuhei Yoshida said himself that he wasn't sure if there'd even be a PS5.

 

https://www-ubergizmo-com.cdn.ampproject.org/v/www.ubergizmo.com/2016/04/shuhei-yoshida-unsure-about-ps5/amp/?amp_js_v=a1&amp_gsa=1&usqp=mq331AQCCAE%3D#amp_tf=From%20%251%24s&ampshare=http%3A%2F%2Fwww.ubergizmo.com%2F2016%2F04%2Fshuhei-yoshida-unsure-about-ps5%2F