After announcing their joint venture with Microsoft, during a corporate strategy presentation, Sony revealed more details for its upcoming next-gen console, the PlayStation 5. The company listed everything about the system revealed so far, confirmed the PlayStation 5 will share similar architecture as the PS4 and allow backward compatibility for previous titles as well as PlayStation VR. It was also said that the system will feature new CPU and GPU as well as SSD for storage instead of hard drives. The upcoming console will also be futureproofed to support 8K graphics even 8K games aren’t expected to drop soon. The new PS5 will also use physical game discs but Sony will still attempt to deliver digital titles and streaming with the improvement of PlayStation Now.