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With Google making huge strides to bring the future of gaming to the modern day with the announcement of their cloud-streaming console the Stadia and Microsoft said to be revealing its Xbox plans at June's E3 conference, Sony has decided to tease us with its next iteration of PlayStation console, too.
In an exclusive reveal with Wired magazine in the US, the world has been introduced to some early details of the PlayStation 5 – or, at least, the next iteration of the PlayStation.
And boy is there a lot to unpack: instant loading times, 8K graphics and backwards compatibility are all making us water at the mouth, but is it all achievable?
We've taken the time to gather all the details to discover how much this will all cost, when we will be seeing it – and if it'll be worth your time.
PlayStation 5 release date - When will we be seeing it?
Not for a very long time by the sounds of it. Architect and guiding mind behind much of Sony's console goals, Mark Cerny, was quick to dissuade excitement that we will be seeing a new PlayStation console in 2019.
So far, all that's available to developers and game studios is a dev-kit with early infrastructure to help them prepare for the next generation of games.
We do now know the new PS5 will hit shop shelves around the Holidays of 2020, thanks to an official release from Sony, so there is some good news.
Suffice to say that the next generation of Sony gaming is still firmly planted as 'next' and we wont be seeing any real rumblings of official games any time soon, although with games like Death Stranding, Marvel's Avengers, and Cyberpunk 2077 rumoured to be released on both, 2020 seems likely.
PlayStation 5 price - How much is it going to cost?
Money is always a difficult subject to broach with far-off technology, and costs of the new PS5 remain firmly in the 'unknown' category. During the Wired interview, Cerny remained stony-faced and tight-lipped about price, but we would have to imagine that a bit of kit that allows for 8K gaming would have to be pretty expensive.
The balance that Sony has is to make high-end gaming both accessible and premium while remaining competitive, with Google's Stadia hitting the market soon and Microsoft announcing Project Scarlett at E3 2019.
Sony still holds all the marbles as the most popular console, but how expensive do they go?
Much of the discussion surrounding the PlayStation 5 revolves around a built-in solid-state drive (SSDs) that helps the console pull data from game files and present them on-screen to you more efficiently – in short, reducing loading times.
But given the reported power of the next-gen console, these SSDs and the inner workings of the console itself are equivalent or better than some of the most expensive PC set-ups available.
Add on to that the 8K capabilities, which is supposedly still at least a decade away from being the cultural norm, and you begin to see how costs could easily rack up into the stratosphere previously known as "PS3 levels".
Rumours persist of an unused (and unconfirmed) quote from the Wired interview with Cerny suggesting it won't cost as much as you might think, as Sony want gamers to actually be able to afford it.
PlayStation 5 specs - How powerful is it?
Okey dokey. Let's get into the complicated, nitty-gritty of the new console.
Before we go into this, you shouldn't expect a simple upgrade to the PS4 – this new console will be a significant shift in how games are presented to you and how you explore them, and it does seem like Sony is committed to providing a "true next-gen experience".
Having said that, there is a big upgrade on both the CPU and the GPU of the next PlayStation, meaning faster speeds, better graphics and more efficiency.
The CPU is derived from the 3rd gen AMD Ryzen series, which has an 8-core processor featuring the new 7nm Zen 2 microarchitecture. This technical jargon roughly translates to "insanely powerful CPU". This is then paired with a custom Radeon Navi GPU which will reportedly handle the awesome-sounding ray tracing.
Ray tracing is a new piece of tech to come to gaming – though it is commonly used in movie VFX – and is a more realistic rendering of how light interacts with a 3D world. This means better reflections, lighting, and ambience – all things that make games look wicked.
You might have seen footage of MineCraft running with Raytracing and, while we don't think that game will make the most of that tech, it does make the game look incredible.
Sony is also playing around with the AMD chip to change how audio works in gaming, allowing for more realistic interactions in-game for where sound-sources are in relation to the player.
This reportedly also affects how sound interacts with the 3D environment in-game. So footsteps thumping down a hall-way or explosions cracking across the horizon will have more realistic effects across the game-world.
Most importantly is the notion of improved loading screens. We're sure you've seen the videos whizzing round online showing Marvel's Spider-Man on PS4 pinging Spidey across the map in a mere 0.8 seconds rather than the cumbersome 15 seconds for the current PS4, all without giving our friendly neighbourhood Spider-Man whiplash.
If this is actually the case and the PS4 can pull assets from the hard drive and push them onto your screen that quickly then it truly is a next-gen console. Whether it can actually do that consistently, particularly when rendering in 8K remains to be seen.
PlayStation 5 controller - How does the new set-up work?
Sony gave us more details about how their new controller will interact with games and the console, and its all making us rather excited for the new tech.
There are two new pieces of tech to come from the Sony article.
The first is a new haptic feedback system that replaces the "rumble" vibrations of the controller.
The haptic motion of the controller will give you better feedback on what is happening in-game, whether its a grenade going off nearby, an engine revving beneath your feet, or the thud of a punch in a fighting game.
Supposedly, these sensations will even stretch to walking through grass, or fighting through mud, though we have no idea how a controller can convey the feeling of grass moving around our legs.
The second update is to the triggers, and Sony have followed Microsoft's lead with adaptive trigger technology. This means that the triggers have better resistance and feedback to what you're doing in-game.
Like slowly accelerating in a car, or drawing a bow and arrow, you will feel the triggers resist to what you are doing realistically and will compliment the haptic feedback to let you know - through your fingertips- exactly what you are doing.
PlayStation 5 exclusives - What games will come out on PS5?
Speaking of all this hardware and technical wizardry is all fine and good, but what we are all concerned about is the games themselves.
With E3 showing the world what we can expect to be playing in the next year happening next week (June 9), Sony has an unenviable task of making us care about current-gen games, whilst also teasing us of what to expect with the next-generation.
For this to make sense to gamers, some of the games that we see at E3 might have a PS4 release, with the promise that we will get a shiny new upgrade on the PS5 when it finally comes out.
But which games will get a PS4 release, and which ones will be exclusively on the PlayStation 5? We can make some educated guesses.
We all thought games like Death Stranding and Call of Duty: Modern Warfare might be releasing post-PS4 release, but now we know we will be seeing those games on PS4 this year.
So lets go through which games we think will be on PS5.
CyberPunk 2077 - Almost certainly getting a next-gen release. CD Projekt Red will 100% not be releasing this game in 2019, which means they will likely miss the window to scoop up interested gamers if they bring it out on the wrong generation of console.
Plus, it looks far too ambitious and big to be able to cope on PS4 software.
Ghost of Tsushima - The samurai slasher from E3 2018 made us all catch our breath with excitement, but will probably still be a little while away.
The game looked beautiful, but we have no idea how far into development this game is from Sucker Punch.
If they want to maximise sales, they need to release it in the next few months, which seems unlikely. So expect Japanese battles on the PS5 instead.
Marvel's Avengers - We will find out more details about this Square Enix project at E3, but we would be VERY surprised if you weren't shooting up aliens as Iron-Man on the next-gen console.
Elder Scrolls VI - Given the length of time this game has remained just a rumour, we could even be seeing it on the PS6...
Bethesda have remained incredibly tight-lipped about this game, and we might not see it for a year or two after the release of the PS5, but it is sure to be hitting the PS5 some time after 2020.
God of War 2? - Nothing confirmed from SCE Santa Monica Studios on a sequel to God of War, but they would surely be stupid to not make a follow up to the Game of the Year for 2018.
The Last of Us: Part II - This is another game that might come out on both PS4 and PS5 and we might even see it hit consoles in time for Christmas 2019. But if it doesn't get a PS5 re-release then we really will be surprised.
GTA 6 - Slowly, the leaks and rumours about the next Grand Theft Auto game are beginning to emerge, and the early reports might suggest that Rockstar and Sony will partner up to make GTA 6 a PS5 exclusive before releasing to the rest of the consoles.
It has been YEARS since GTA 5 took the world by storm, and it is about time for another adventure.
Rumours are that . it will be set in Miami and New York, with trips to South America during the cocaine spree in the 70's and 80's makes GTA 6 an absolute hit already.
Exact details on the PlayStation 5 remain scarce, but we will be updating this article with all the latest news as and when we get them, so keep an eye on this page.
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