Jim Yan, president, and chief executive officer of Sony Interactive Entertainment recently announced that gamers waiting for the release of PlayStation 5 can expect its arrival in the holiday of 2020. We have heard a lot of rumors about the PS5 related to its next-generation specs and features. However, we seldom hear news about its potential price point.
Gamerant recently published a report predicting the possible selling price of the PlayStation 5. The gaming site based its prediction on the specs and features are already officially confirmed, the price point of the PlayStation 4, and the leaks and speculations about Sony's next-generation console. Based on the market advantage and the considerable hardware upgrades, gamers might see the PlayStation 5 reverting the $499 selling price of PS3 but not at a bargain price of $399, says report.
What is the site's basis for this PlayStation 5 price prediction? As previously leaked, the PlayStation 5 will have eight CPU cores, which are absolutely much more impressive than that of the current generation console from Sony. It also has a significant jump in terms of clock speed from 2.13 GHz to 3.6 GHz according to rumors.
While the PlayStation 5 takes pride in having eight cores, it is worth noting that its predecessor, as well as its competitor, the Xbox One, has the same number of cores. Additionally, since it will be released six years after the PlayStation 4, it will presumably feature next-generation technology compared to the PS4. This includes the claim that the console will be running on 8K.
Also, the report points out that the features of the PlayStation 5 will play a crucial role in terms of determining its cost. Functionality improvements, subscription services, and other major changes like how the players will be able to install their favorite games, these factors contribute to the pricing strategy of Sony' next-generation console.
There are also claims that the PlayStation 5 will be released with a built-in camera and a new controller with ground-breaking features like haptic feedback. These are also important factors that must be considered when predicting the price of the PlayStation 5, according to the report. Microsoft's Xbox One was released at $499 price point while the PlayStation 4 shortchanged Microsoft by $100 when it was released.
Sony made the PS4 available in 2013 at a retail price of $399. And, considering the way prices are currently set for retail, the report states that the $499 price would be the lowest price that Sony could set for the PlayStation 5.
