Much has been said about the arrival of the PlayStation 5, especially when it involves all the juicy rumors and speculations that surround it. While these will tickle the fancy of gamers and developers, Sony has been relatively silent on the specifics. But one thing is for sure: the PlayStation 4 is nearing the twilight of its storied career, and it's high time for a next-generation console to step up and sit on the throne.

One issue that bombards the PS5 is its release date. Tech Radar said Sony will be revealed in the coming months by relaying several tips from Sony Interactive Entertainment head Shawn Layden and Sony President Kenichiro Yoshida. They also hinted that the PS5 won't be arriving until 2021, but quickly added another buzz of a "Christmas 2019" release. The latter date will move the PS5 a step earlier than the rumored Xbox Two.

Another point the website made in February revolves around the PlayStation 5 to be backwards compatible. This means that the upcoming gaming console will be able to run games previously made for the PS4, PS3, PS2, and even the original PlayStation. It's not hard to imagine the ton of games future players can spend hours finishing, provided that this rumor holds true.

Looking at the predictions, there is a three-year deadline for the PlayStation to reach the market. This statement somewhat holds bearing when Sony Executive Vice President John Kodera said that they will use "the next three years" to them to prepare for the next step. Three years is not a long time, but the anticipation will pile up like pancakes as the PS5 inches closer to its official release.

Moving on, Otaku Art said that Sony has been looking for a senior gameplay developer to act as lead for a "3rd person adventure game." It will be a PS5 exclusive, they added, alongside Sony planning to tease the PS5 in the middle of 2019. devKits are also in the hands of studios but is unsure whether it's true or not.

A US Patent was also discovered, pointing to the fact that the PS5 will be compatible with a "Wireless VR device." The document details a head-mounted Virtual Reality device that, Otaku added, can "follow the user's position and fingers without a controller."

On the inside, it's been said that the PlayStation 5 will use a 7nm based Ryzen octa-core 16-thread chip with architecture reaching 14 teraflops. The insider, which they said is a developer working on a PS5 game, also included that the console could be updated to support 8K gaming.

As for the games, titles such as Gran Turismo 7 with VR support, remastered version of The Last of Us 2 and Ghost of Tsushima are included in the list. A 4K, free-to-play version of PUBG is also rumored to join the rank, as well as "2-3 more AAA titles" that will be exclusive for the PlayStation 5.