Sony’s president has confirmed that the company is working on the next PlayStation, but stopped short of calling it “PlayStation 5.” From a report: “At this point, what I can say is it’s necessary to have a next-generation hardware,” Kenichiro Yoshida told the Financial Times on Monday. He didn’t give a sense of the form the next PlayStation might take, but FT sources suggested that it wouldn’t be a major departure from the PS4 and that its fundamental architecture would be pretty similar. The report suggests Sony isn’t quite ready to jump from consoles to cloud-based gaming, even as direct competitors such as Microsoft and potential ones like Google reveal game streaming services.

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Source: Slashdot – Sony Says PlayStation 4 Successor is Coming, But Doesn’t Call it PS5 Yet