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the-pi-guy said:

I've been expecting this for a while. Announcement in February, release in November. I wonder if they'll follow 2013, and show the physical PS5 during E3.

Azelover said:

E3?

Is there really gonna be E3 next year? I'm a little out of the loop on this..

No reason to think there won't be.  

Sony wasn't at E3 last year, but that's most likely because they didn't really have anything to show.  They're in an awkward time where their PS4 stuff is pretty well done and it's too early to show PS5 games.  

E3 probably isn't in trouble, but it is always possible that companies might try spreading out more.  

E3 may fade away over eventually, but it's not going to disappear anytime soon.  It's still the largest gaming industry event by a very large margin.