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EricHiggin said:

My thinking based on the rumor, is tease PS5 before e3, and see if you can force MS to make a move or spill the beans at E3 like they did before, then hold a massive 25th anniversary PSX PS5 reveal event to be remembered. Whether it launches soon after, or early 2020, doesn't really matter, as long as the price is right. A $399-$499 PS5 shouldn't hinder a $199 PS4 much at all.

You know, that would actually be smart. Sony is taking a gamble by allegedly skipping E3 and this strategy would make sense of that.