Sony declared the next generation PlayStation console and it’s landing at the end of 2020.7 years after the launch of the precedent ps4 .Sony has already confirmed the name and release window of its next-generation console and even let a few official specs slip ahead of an eventual reveal. Release date: Sony Interactive Entertainment CEO Jim Ryan confirmed that the PlayStation 5 will launch in Holiday 2020. That will put it right up against Xbox’s Project Scarlett. What you need to know ? Price: TBDKey Games: Watch Dogs: Legion, Rainbow Six Quarantine, The Elder Scrolls VI; full PS4 backwards compatibilitySpecs: 8-core AMD Zen CPU, AMD Navi GPU, custom SSD, 4K Blu-ray playerKey Features: Ultra-fast loading times, ray tracing, 4K visuals at 120Hz, haptic controller Things you should know about the future of gaming .