With all certainty, Playstation 5 is coming. No doubt about that. There's just no way Sony which has seen a slew of its products (e.g., Vaio) sold, will loosen its grip on its most successful product to date. In an era where the Japanese behemoth is reportedly losing blood over its smartphone business. But the million dollar question is what form - if at all - will the PS5 take?

In a report  foreboding a "beginning of the end" scenario, The Motley Fool aptly predicted that in spite of its runaway success, PlayStation 4 could be the last of Sony's video game console. Even if the gaming device is hailed as more successful than its nearest competitor - Microsoft's Xbox One.

And putting to words what many may have long feared, no less than Sony Computer Entertainment's Executive Vice President Masayasu Ito revealed the need for a drastic overhaul for the gaming industry in general and the Playstation in particular. Moving into what is known as the latest buzz in techie town: Cloud gaming.

"I think there will be a PS5. However, I don't know what form it'll have. It could be a physical console, or it could be in the cloud," Ito detailed to the Japanese newspaper Nikkei Keizai Shimbum.

So, though not as strong as a confirmation, it still is one. Playstation 5 is coming, that we know. The form? That we don't know.

To note, Sony is already heading towards the cloud. Just recently, the Japanese tech titan has released its cloud-based video game streaming service dubbed as PlayStation Now.

And just as telling, the Japanese behemoth is slowly distancing itself from its smartphone business, doing a classic one-step-forward-two-step-backward marketing dance with its Sony Xperia Z4 for instance. Instead, it has put its focus on porjects like Morpheus, its latest caper into the VR (Virtual Reality) headsets.

As for its final launching, it's maybe too to speculate 2015 for a  PlayStation 5 launching. Sony has been mum lately, not making its presence felt in events where it used to be a major draw. We're talking about the upcoming E3 event and the fast approaching Gamescon in August where the Japanese tech titan is allegedly not holding a press conference.

Perhaps this October at the Paris Gamesweek. But Sony is dropping no telltale signs. Not even a hint.

Given the massive reshaping of its business core and business focus, it's highly-likely PlayStation 5 will take longer than usual. Perhaps 2017? No one knows.

However, it seems Sony is keeping itself ahead of the competition with all these advances towards the cloud. That should be good news for PlayStation 5 fans.