PlayStation 5 Get November 12 Release Date to Cost $400-$500

By Adedapo Adesanya

The PlayStation 5 is set for release on November 12 and many gaming enthusiasts are already on their seats since it was first hinted last year that the popular gaming console would be released.

Sony, the makers of the game franchise, on Wednesday noted that the November 12 release date will apply to the US, Japan, Mexico, Australia, New Zealand, and South Korea, with the rest of the world getting the new console on November 19.

Sony also noted that it was yet to finalize a release date for China, which it’ll announce at a later time.

For comparison, its PlayStation 4 predecessor cost $399 at launch, although it currently sells for $299, while the PlayStation 4 Pro originally sold for $399, a price it currently still sells.

It is, however, not clear if Sony is planning to drop prices or discontinue the older models once the PlayStation 5 is out later this year. The PS5 is expected to cost around $400 for the digital version or $500 with Blu-ray.

Even with the pricing, the PS5, upon release, is comparatively not the most expensive console in the PlayStation family. This is because the PlayStation 3, which sold at $499 for the 20GB model or $599 for 60GB when it was released over 10 years ago, is one of the most expensive consoles ever announced.

Sony has always been quick to note that it prioritises value over price. So, the PS5 Digital Edition will run the same specs as the fully-fledged console, further cementing its position in the market as a high value for money option.

Not only that, but Sony also announced the PlayStation Plus Collection, a gathering of PS4’s golden exclusives included in the PS Plus price moving forwards. This means if a user is considering the cheaper PS5 price, there’s less of a worry of making their physical PS4 collection useless.

As at press time, the PS5 pre-order has started and many people around the world, including Nigerians, have started pre-ordering as it is understandable that many stores in the US are swarmed with demand with some stores sold-out.