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Barkley on 16 November 2018
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The_Liquid_Laser said:
Errorist76 said:

I doubt they’ll release it before the big games like GoT, TLOU2 or Death Stranding are out on PS4.

There is always a possibility that these are co-releases.  Although GoT and TLOU2 had such good graphics that I would not be surprised if they were planning on making these PS5 games all along.

Barkley said:

Why would that be the dumb thing? They're making more profit than they ever have before, the PS4 is still selling great and the technology available to them for a 2020 launch over a 2019 launch may make a big difference. They are going to be stuck with whatever they put out for at least a few years after all. Lack of patience would be the dumb thing.

The twilight years of a console are when you rake in the cash.

Well the PS2 was the best selling console of all time.  And because of this massive success, Sony underestimated the competition when they released the PS3.  (They underestimated by Microsoft and Nintendo.)  A smart company learns from its mistakes.  If they are wise they will get the PS5 out as soon as possible to compete with the Switch.  Of course, if they are dumb, then they will not learn from past mistakes and underestimate the competition again.

PS4 isn't in direct competition with Switch and neither will the PS5 be. They're too different and have minimal impact on each other. If you want an example of this PS4's peak year by far was the year Switch launched, clearly Switch didn't have a negative affect on it's sales despite having a strong start selling 13.5m that year.

Xbox/PS are in direct competition because the systems are very similar and the vast majority of software sold is multi-platform available on both and almost identical versions on both.

The direct competition between PS4/Switch is minimal because they appeal to different people as they have very different software libraries.