PlayStation 5: Sony Announces Price and Release Date

Sony has announced that the PlayStation 5 will be priced at $ 499.99 when it launches on November 12, with a $ 399.99 digital version. Borders will start on 17 September “Select retailers. “

Pricing is squarely stacked against Sony’s Microsoft next-gen console, with the company releasing its entry-level Xbox Series S for $ 299 and its flagship Xbox Series X on November 10 for $ 499 Has prepared.

November 12 will have a release date on November 12 in the US, Japan, Mexico, Australia, New Zealand and South Korea, with the rest of the world getting a new console on November 19. Sony also notes that a release date is yet to be finalized for China, which it will announce later.

For comparison, the PlayStation 4 cost $ 399 at launch, although it currently sells for $ 299, while the PlayStation 4 Pro originally sold for $ 399, a price it still sells today at major sales such as Black Friday Sells outside. It is unclear whether Sony plans to drop prices or discontinue older models after the PlayStation 5 is out later this year.

It is also worth noting that the PlayStation 5 will include backwards compatibility for the “overwhelming majority” of the current PlayStation 4 lineup, although details are still slim. This expanded library can help make it more attractive to potential PlayStation buyers on older consoles this holiday season.

Additionally, that starting price, while certainly expensive, is not Sony’s most expensive console. The honor still goes to the PlayStation 3, priced at $ 499 for the 20GB model or $ 599 for the 60GB, which, after almost a decade and a half, still leaves it as one of the most expensive consoles sold. is.

Updated September 16, 5:05 pm: Added additional launch details and dates for other countries and China.

Update September 16, 5:07 pm: Added preorder date and details.