New Sony President Gives Update on the Next Playstation Console Kenichiro Yoshida says the successor to the PlayStation 4 is <br />"in the works." Yoshida took over Sony earlier this year from Kazuo Hirai, who stepped down in February. Sony CEO Kenichiro Toshida, via <br />'The Financial Times' Yoshida stopped short of calling the console "PlayStation 5," but it's widely expected to <br />be the name. PlayStation division head John Kodera also said back in May that Sony will take the next three years to work on the console. This puts the Playstation 5 on track <br />for launch somewhere in the <br />vicinity of 2021. Rather than focusing on <br />streaming games over <br />the internet — a la Netflix, rumors say Sony is apparently working on a more powerful box for running prettier games.
