PlayStation 5 news – PS5 price update is great for PS4 fans
Sony are still yet to official reveal the PS5, with plenty of details about the release date and price of the PS4 successor still a mystery. We know that the PS5 will have a release date during the holiday 2020 period and Sony has already done a deep dive into the specs of the PS4 successor. But there is still plenty we don’t know about the PS5 such as its exact release date, the price, games coming to it and what it will look like.
These details and more will be revealed ahead of the PS5 release date later this year, with a news drop likely happening in a State of Play broadcast.
When that PS5 State of Play happens remains to be seen – could it take place, as some rumours have stipulated, sometime this month.
Or is the PS5 reveal likely to take place around the time that E3 2020 was scheduled to happen in June.
This remains to be seen but ahead of the official PS5 reveal a price update has emerged which will be great news to PS4 gamers.
As revealed in a post by GameRant, a Canadian retailer has started taking pre-orders for the PS5 and has listed a price.
And the price tag is very eye-catching, with the Play N Trade Vancouver store listing the PS5 as costing CAD$ 559.
This translates to USD$ 397, which would be around £324.
If that is roughly how much the PS5 ends up costing when the console launches later this year then it would be a very appealing price point.
Analysts have predicted the PS5 could cost between USD$ 399 and $ 499, which would put this listed price at the bottom of analysts’ predictions.
Whereas the Xbox Series X is rumoured to cost anywhere up to $ 599.
PS5 release date news – The price of the PS4 successor has yet to be revealed by Sony
If the PS5 does cost a fair bit cheaper than the Xbox Series X then it could give it a huge advantage at the start of the next gen console wars.
Especially if the reason Sony has been quiet about the PS5 is because they have some big name exclusives set to launch with the console later this year.
The only caveat to all of this is if Microsoft does have a cheaper next-gen SKU in the works which could give them a unique selling point.
It is rumoured that Microsoft has a cheaper, less powerful next-gen Xbox in the works codenamed Lockhart.
This would be akin to the Xbox One S with the Series X being the next-gen equivalent of the Xbox One X.
Lockhart is rumoured to cost as low as $ 299, but the caveat to this is it will be considerably less powerful than the PS5 and Xbox Series X.
As we all know the Xbox Series X is capable of 12 teraflops, a message that Microsoft has been drilling home ahead of the start of the next-gen.
The PS5, meanwhile, is capable of 10.28 teraflops, whereas the rumoured Xbox Lockhart will reportedly be capable of 4 teraflops.
So the cheaper, next-gen Xbox looks to be considerably down on power compared to the PS5 and Series X, but will be a step above the current consoles.
Despite all this talk of teraflops, those in the industry have been hugely impressed with the PS5 specs and Sony’s vision for the next-gen.
One insider said the PS5 is the “most exciting hardware in 20 years”.
If that is the case, and Sony compliments this with a great price point and range of exclusives then they could be in a strong position for the next-gen.