Sony announced that the PlayStation 5 will retail for $ 499.99 when it launches on November 12, alongside the digital edition at $ 399.99. Pre-orders will begin September 17 at “select retailers. “
The price puts Sony up against next-gen consoles from Microsoft, with the company set to launch its entry-level Xbox Series S at $ 299 and its flagship Xbox Series X at $ 499 on November 10.
This November 12 release date will apply to the United States, Japan, Mexico, Australia, New Zealand and South Korea, with the rest of the world getting the new console on November 19. Sony also notes that it has yet to finalize a release date for China, which it will announce at a later date.
For comparison, the PlayStation 4 was $ 399 at launch, although it currently sells for $ 299, while the PlayStation 4 Pro originally sold for $ 399, a price it still sells for today. hui outside of major sales like Black Friday. It is not known if Sony plans to lower prices or stop older models once the PlayStation 5 is released later this year.
It’s also worth noting that the PlayStation 5 will include backward compatibility for an “overwhelming majority” of the existing PlayStation 4 lineup, though details are still slim. This expanded library could help make it more appealing to potential PlayStation buyers compared to older consoles this holiday season.
Plus, that starting price, while certainly expensive, isn’t Sony’s most expensive console. That honor still goes to the PlayStation 3, which costs $ 499 for the 20GB model or $ 599 for 60GB, which almost a decade and a half later still leaves it as one of the more expensive consoles. never sold.
Update September 16, 5:05 p.m.: Added more details and launch dates for other countries and China.
Update September 16, 5:07 p.m.: Added date and details of the pre-order.