The PS5 slated to launch November 12 for $ 499.99

Sony announced that the PlayStation 5 will sell for $ 499.99 when it launches on November 12th, along with the digital version at $ 399.99. Pre-orders will begin on September 17th at Selected Retailers.

playstation 5 release date
PlayStation 5 release date

The price pits Sony against Microsoft's next-generation consoles, as the company prepares to launch the entry-level Xbox Series S at $ 299 and the flagship Xbox Series X at $ 499 on November 10.

Playstation 5

The November 12 release date will apply to the United States, Japan, Mexico, Australia, New Zealand, and South Korea, with the rest of the world receiving the new controller on November 19. 

Sony also indicates that it has not finalized a China release date, which it will announce at a later time.

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 today. hui outside major sales like Black Friday. 

PlayStation 5 release date

It is unclear if Sony plans to lower prices or discontinue 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 the “vast majority” of the current PlayStation 4 lineup, although details are still scarce. 

This expanded library can help make it more appealing to potential PlayStation buyers on vintage 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 the 60GB model, which almost a decade and a half later still makes it one of the game consoles. the most expensive ever sold.

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