Sony is rumored to launch the PlayStation 5 in 2018 to challenge the Xbox Project Scorpio. Microsoft is expected to launch its most powerful console in late 2017.

The Japanese electronics giant remains completely silent about the successor to the PlayStation 4. In this post, we have rounded up everything you need to know about the PlayStation 5.

PlayStation 5

The successor to the PlayStation 4 will be powerful than the Project Scorpio. The Scorpio will feature six teraflops of graphics processing unit and will play 4K games and videos.

Macquarie Research analyst Damian Thong predicted that the PlayStation 5 will have more than 10 teraflops of power, significantly powerful than the Scorpio.

According to the rumors mill, Sony will launch two models of the PlayStation 5. Like the Scorpio, the new version of the PlayStation is said to play 4K games and videos.

The PlayStation 5 is rumored to offer a support for a virtual reality headset. The console is expected to be shipped along with the virtual reality headset.

PlayStation 5 Price and Release Date

The PlayStation 5 is expected to get a price tag of $500. Microsoft might also sell the Project Scorpio at around $500.

Thong, who made correct predictions about the PlayStation Pro and PlayStation 4 slim, believes that the PlayStation 5 will arrive in the second half of 2018.

However, some reports suggest that Sony will launch the successor to the PlayStation 4 in 2019.

We expect that Sony will reveal some details about the console at the Electronic Entertainment Expo (E3) in June.