SAN FRANCISCO, CALIFORNIA - MARCH 20: Attendees walk by the Sony PlayStation booth at the 2019 GDC Game Developers Conference on March 20, 2019 in San Francisco, California. The GDC runs through March 22. (Photo by Justin Sullivan/Getty Images)

The PS5 is coming and it’s scheduled to release around the holidays in 2020. A lot of people are excited about this, especially since it’s been a decade since the release of the PlayStation 4. Not much has been released about the PS5 other than a website.  A reveal event is set to happen in the spring sometime with more details about the PS5 such as the new features and everything else that will come along with the gaming console.

Here’s what we know about the PS5 so far:

  • What is it? The Sony PS5 is the next-gen PlayStation console, replacing the PS4 Slim and PS4 Pro.
  • When will it release? “Holiday 2020” in the US, says Sony, so between October and December 2020.
  • What can I play on it? Only a few titles have been confirmed, but expect all of Sony’s big franchises, as well as in-development exclusives like Ghost of Tsushima.
  • Will PS5 have VR? Oh yes. The next-gen console will be compatible with current PSVR hardware, and there are also rumors of PSVR 2.
  • What will the PS5 cost? The PS4 and PS4 Pro were both $399 / £349 at launch, but we expect the PS5 will cost somewhat more. Leaks have suggested around the $499 mark.
  • Can I play PS4 games on the PS5? Sony has said to expect a lot in terms of backward compatibility, despite that being an area where Microsoft is usually better.

Are you excited about this console release?