Skip to main content

Sony Hasn't Decided On PS5's Price Yet

Sony chose not to divulge any new information regarding the PlayStation 5 in its earnings call last night, but some statements made during its subsequent Q&A session have indicated that a price for the next-generation console hasn't yet been settled on.

Sony Chief Financial Officer Hiroki Totoki was asked about his previous statements (during a Q&A transcribed on Seeking Alpha)regarding a "smooth transition" to next-generation hardware, and what factors could contribute to both initial shipping volumes and price.

"What is not very clear or visible, it's because we are competing in the space, so it's very difficult to discuss anything about the price at this point of time," said Totoki. "And depending upon the price level, we may have to determine the promotion that we are going to deploy and how much costs we are prepared to pay."

This indicates that Sony might be waiting for a move from its competitors before settling on a price for the PS5, with Totoki stating that the margins the company is willing to take on its hardware sales will be determined by how aggressive their pricing will need to be. While not directly mentioning them, the only other competitor this year for Sony is Microsoft and its Xbox Series X, which is also without a price as of yet.

The launch price of new consoles is incredibly important, as indicative with the PS4 originally undercutting the Xbox One by $100 in 2013. While not solely responsible for its success, it initially made Sony's offering more attractive, and it's likely the company wants to replicate that later this year.

The PS5 is scheduled to launch sometime in 2020, with the Xbox Series X expected in Holiday 2020. Although Sony hasn't detailed the console much further, it has launched an official website for it.



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

Comments

Popular posts from this blog

MediEvil Review - Bones 'n Brawn

As a remaster of the 1998 puzzle-platformer of the same name, MediEvil holds up reasonably well. Its cartoonishly charming characters and varied, if relatively simplistic, level design both stands the test of time and looks better than ever thanks to a complete graphical overhaul. But as much as MediEvil can feel like a warm blanket of nostalgia--especially for those of us who played the game 21 years ago--it also feels incredibly dated, with jittery controls and camera issues that regularly get in the way of progress. You play as Sir Daniel Fortesque, a dead knight who is returned to life when the sorcerer Zarok makes an unexpected return to Gallowmere, bringing with him hordes of monsters. Fortesque remains every bit as charming a character as he was; his gnarled teeth, warbly voice, and single, rolling eyeball lose none of their charisma in the remastering process. Zarok's design hasn't aged well, though, and the new visuals leave him looking like a plastic doll who’s been...

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...