Mr Cerny explicitly said that the console won't be arriving in 2019, in line with expectations but dashing the hopes of anyone who had hoped the console could be about to arrive by surprise.
But he did say that the company had given the console to "a number of" studios, and that Sony has "accelerated its deployment" of kits for developers so that they can understand the capabilities of the new system.
That suggests the company could be looking to launch the PS5 relatively soon, with the possibility that it could arrive in 2020.
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Still, such development is often delayed and the company may take longer to actually reveal it to the public. When then chief executive of Sony Interactive Entertainment confirmed last year that the PS4 was entering the final phase of its life, he said the company would use "the next three years to prepare the next step, to crouch down so that we can jump higher in the future", in what was read as a suggestion the new console could not arrive until 2021.
In addition to the hints about when it might – and when it won't – arrive, Mr Cerny also revealed a whole host of information about the hardware and the kind of experiences that could power. Vastly improved processing power and much quicker storage could allow games to load much more quickly in ways that could change the way developers create titles for the PlayStation, he suggested.
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