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Sony Reveal ‘Affordable’ PS5 Sale Price

Sony has reportedly revealed how much its next-generation video game console, the PS5, will cost gamers when it releases during the holidays in 2020; spoiler alert: it’s apparently going to be ‘affordable’.

As reported by Tech Times, Sony CFO, Hiroki Totoki, during an investors call revealed the PS5 would be released at an ‘affordable price’, as Sony is ‘still very conscious of the level of profit for investors and the marketplace’.

While the actual price has not yet been established, the investor call did suggest the release price would be below the $550 price point, which significantly contrasts the $399 PS4 price point when it was released six years ago.

Sony is currently ‘analysing the cost, the acceptable price in the market, and platform penetration’ as Totoki argues the new consoles profitability will be based upon its price, though warning that a higher price tag would discourage current PS4 owners from switching early.

Fortunately, with US gamers spending close to $10 billion in the third quarter of 2019 alone, there’s definitely enough cash to go around to pay for the PS5 at its ‘affordable price point’.

Unfortunately for Australian’s however, due to our exchange rate, and typical price hike from the GST, our price point down under could be close to double the expected US$550, with current rates sitting at $798.89 (yikes!).

Luckily it’s not as expensive as when Sony released the Playstation 3 in 2008 which was priced at a whopping AU$999.

One aspect of the PS5 increased price from its predecessor is the inclusion of an SSD, which will reportedly allow for games to load 15 times faster than the PS4 Pro.

An improved controller with high-technology haptic feedback is also in the works, taking the classic dual-shock controller of the PS2 era and reinventing it once again.

Until the release of the latest-generation console from Sony, details will continue to drip through on all the new features of the PS5, which you’ll find across ChannelNews.

 

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