The other end of the spectrum is Sony is, quite literally, going to wait until both FFVIIR and TLOU2 are on or closer to being on shelves before firing shots.
Being that PS5 will be fully BC, I don't see why they fear coming out with some news would be a detriment. It could be, I guess.
The only other major event left on the table is E3, which suffered enormous hits before Corona came to the table, including Sony backing out. And hell, I heard there's consideration being given to cancelling the damned Olympics over this virus.
In terms of it being closer to 13TF, maybe..We know they've invested heavily in cooling, but that could be for any number of reasons(including if they want a design other than a big tower)
But if they were 11.5 as a few said, did they have the wiggle room in clocks to hit that number if the goal post shifted in response to Microsoft? Moreover, do they even have the time?