Note: This article previously stated that the Sony PlayStation 5 will be released on February 5th. It is rumoured to be revealed on the date and not released. The error has since been corrected.

We have been hearing a lot of rumours about the upcoming PlayStation 5 from almost a year now. Finally, we have some leaked information on the release date, pricing and a couple of features of the next-gen console.

Sony PlayStation
Source: BGR

If we believe the leaked information, Sony is expected to showcase its next PlayStation on February 5th, 2020 at a PlayStation meeting which is to be hosted at the Sony Hall in New York City. However, the source also suggests that the worldwide release will take place somewhere between October and November.

PS 5
Source: Hyperbeast

According to BGR, just like the previous generations of Sony's PlayStation, PS 5 will also be backwards compatible which means that if you ever owned a PS game, you will be able to run it on the upcoming console. Sony has already confirmed that it's planning to make the upgrade as seamless and as fast as possible.

PlayStation Controller
Source: Digital Trends

Not just that, Sony has also confirmed that the next-gen console will be equipped with the new SSD tech which is built for the PS 5.

Sony
Source: Den Of Geek

As per the leaks, Sony is expected to sell it's next PlayStation for $499. It is important to note that none of this is confirmed, however, there is a good chance that this leak is the real deal.