Though we’ve seen parts of both consoles, and know plenty of details about both, one major question remains: How much?
In the case of the PlayStation 5, consumers could be looking at a price in the $500 to $550 range, according to a new Bloomberg report.
That unusually high price — $100 more than the launch price of the PlayStation 4 — is reportedly due to the console’s “ambitious specs,” which are driving Sony’s decision to price the console higher than in its previous generation. As a result, Sony is said to be producing fewer launch PS5 consoles than it has in prior generations as the company anticipates lower consumer demand due to the high price.