Skip to main content

PS5 Price May Depend On One Key Factor, Exec Says

2020 is a big year for the PlayStation brand, as Sony is releasing the PlayStation 5 this holiday. We've learned a little about the next-generation console so far, like its faster loading times, but there are many questions that remained unanswered. One big one is about pricing.

What will the PS5 cost? Sony management responded to that question during an earnings call, saying those details might depend on other factors, including the competition. This is presumably a reference to the Xbox Series X, which also doesn't have a price point yet.

"What is not very clear or visible ... is because we are competing in the space," CFO Hiroki Totoki said, though a translator. "So it is very difficult to discuss anything about the price at this time. Depending upon the price level, we may have to determine the promotion that we are going to deploy, and how much cost we are prepared to pay. So it is a question of balance."

It is difficult to speak concretely about PS5 pricing at this stage, Totoki said, but fans and investors can be sure that Sony will "choose the optimal approach."

For comparison, the PS4 launched in 2013 at $400 USD, while the Xbox One--which included a Kinect with every console--debuted the same year at $500 USD.

Currently, Sony is focused on nailing down the production and sales elements of the PS5 launch strategy, in addition to securing the right volume of consoles for launch, Totoki said.

The PS5 launches this year as the PlayStation 4 continues to drop off in sales. The 6.1 million PS4 consoles sold during the holiday quarter is down 25 percent year-over-year, representing the lowest holiday sales figure ever for the console. In total, the PS4 has now sold 108.9 million units, which makes it the second most successful console in history--it only trails the PS2 (150 million sales).

In other news, Sony has launched the PlayStation 5 website--but don't expect much.



from GameSpot - All Content https://ift.tt/2una92S

Comments

Popular posts from this blog

WWE Wrestlemania 35: How To Stream On PC, PS4, And Xbox One

Wrestlemania , WWE's biggest PPV of the year, is right around the corner, airing on Sunday, April 7. If you're familiar with WWE, then you know there are multiple ways you can watch this event from your phone to TV to PC. Here's a breakdown of the easiest ways for you to watch Wrestlemania. The cheapest and easiest way to watch the PPV is through the WWE Network . While the network normally costs $10 a month and offers replays of past PPVs, weekly television events, and original content, new subscribers can sign up for one month free. So you can watch Wrestlemania without paying a dime, from the comfort of your own home. Just make sure to decide after the event whether or not you want to keep your subscription to the service. Additionally, Wrestlemania is available through your cable or satellite provider. However, if you plan on doing that, be prepared to pay between $60-70 for the event. Why would you pay that much for the event? Well, internet service isn't fast e...

9 Of The Best Steam Winter Sale Games For $20 Or Less

The Steam Winter Sale rages on, with big discounts on hundreds of games. It runs through January 3, so time is running out for anyone who wants to save a bundle of cash on some of the best PC games of recent years. If you don't want to put a dent in your cashflow in this post-holiday period, that's wholly understandable. To help you find some of the best games available for an affordable price, we've scanned through the Steam Winter Sale and selected some of the top titles. Read on for the goods. If you don't find something you want, plenty of other sales are live this week as well. GOG is having a winter sale of its own right now, and it's giving away certain games for little or nothing. Also, if you'd like to spend even less, check out our picks for the best games in the Steam sale under $10 . Now on with the show. 1. Borderlands: The Handsome Collection Borderlands 3 is likely to come out eventually, and you'll want to know what's happening on...