By CCN Markets: Sony’s PlayStation 5 is expected to be showcased early next year, but the price at which the next-generation console will be launched is turning out to be a hot topic of discussion. Gaming enthusiasts had a heart-in-the-mouth moment after a Swedish retailer started taking pre-orders of the PS5 for an insane price tag of over a thousand dollars, but the latest leaks suggest that some sanity will prevail.
Leaked specs of the PlayStation 5 console by an insider suggest that the new device will be much more powerful than the previous generation. The PS5 console is expected to be as powerful as NVIDIA’s RTX 2080 graphics card according to test samples of the device obtained by Komachi, who is considered a reliable source of leaks.
What’s more, the leaked specs indicate that the PlayStation 5’s graphic compute capacity will be more than double as compared to the PlayStation 4 Pro. These powerful specs have led insiders to believe that Sony will price the PS5 at a higher price point as compared to the previous generation console – $500 at least.
Insiders speculate that the PlayStation 5 could begin at $500, and might even go up to $600 if Sony decides to add further hardware upgrades. Sony sells the current generation PS4 Pro for a sticker price of $400, and it won’t be surprising if the Japanese giant decides to hike the price thanks to the high-end specs of the PlayStation 5.
Sony has already said that it plans to position the PlayStation 5 as a console meant for hardcore gamers, so the potential price hike doesn’t seem surprising.
But it remains to be seen how high Sony decides to go with the price of the PS5. Michael Pachter of Wedbush Securities has already painted a wild price tag on the PlayStation 5, suggesting that Sony could price the console at a jaw-dropping $800.
Will Sony get closer to that mark and make the PlayStation 5 a niche product meant for the elite, hardcore gaming enthusiast? Or will Sony go with the rumored $500 price tag so that it can tap into a wider population of gamers and doesn’t lose out to rivals who are looking to dent its dominance? Only time will tell.
Last modified: June 23, 2020 2:36 PM UTC