It seems gaming consoles have a 6 to 7-year life cycle before companies (Microsoft and Sony) manufacture a whole new iteration that includes new and advanced hardware and design. Look no further than current Xbox One and PS4. Both gaming consoles made their market release in 2013 with the PS3 the enjoying it's six-year cycled run. Sony has officially given full details on the PS5 hardware, expected pending release will be in 2020. If this is so it will follow another six-year cycle. Components revealed by Sony's chief of hardware, Mark Cerny will be nothing short of being impressive.