Quote Originally Posted by Magnedeus View Post
If the PS3 no longer supports FFXIV, that means the PS4 will no longer support it with future expansions.
That was different though, and merely to fufill a promise SE made back when FFXIV 1.0 was first announced in 2009, that it would be released on the PS3. Due to 1.0's famously disasterous launch however the PS3 version was never released, so Yoshi was determined to make up for that with releasing ARR on the PS3 instead. But it was never intended to be a long-term thing, and so the PS4 version replaced it.

As others have said, a PS5 version is planned but not any time soon (considering the equivelant barest minimum requirements the PC version of ARR can physically run on is a ten-year old PC with 4gb of RAM and Win XP SP3 (although officially SE does not support that anymore), there is really little to be gained for a PS5 version at the moment anyway.