According to Video Game Insider and Journalist Marcus Sellars, Playstation 5 development kits have already been sent to some major third-party companies.
While the Playstation 5 will not be released any time soon. AAA titles take years and personnel to complete. Plus Sony always wants gameplay to show off at conferences such as E3 and Tokyo Game Show. Many still believe we will not see the Playstation 5 released until at least 2020.