PS5 Price and release update: Good news for PlayStation fans after shock console report
A new shock price has been listed for the PS5 release date which luckily has not come from an official Sony source.
One European retailer has given the PlayStation 5 massive price tag, something that would no doubt scare many gamers away.
The outlet currently has the gaming machine listed for around 850 to buy, a price that is only going up with the current Sterling trend.
The Pound is currently losing its value against the Euro and the United States Dollar, a trend which is expected to continue over the coming months.
The good news is that while gamers can click through and pre-order a PS5, this hasn’t been confirmed as the official price of the new console.
Sony has not announced that information yet and there is a good reason why it’s unlikely that the final price will be anywhere near that amount.
When the PS3 was announced to cost $599, it instantly put the gaming machine behind Microsoft’s Xbox 360, which reaped the benefits.
So the idea that Sony would be happy to risk the same thing happening again seems unlikely.
The architect behind the new system, Mark Cerny, has hinted that Sony won’t be looking to shock their current client base.
Cerny told Wired when announcing the PS5 that Sony “will be able to release [the system] at an SRP that will be appealing to gamers in light of its advanced feature set.”
However, there are other global events which could have an impact on the final price of the PS5, and all other consoles.
Sony recently warned that the trade conflict between the US and China could result in higher console prices.
According to a post on the Wall Street Journal, Sony believes that the Trump administration’s plan to impose higher tariffs on goods from China would be bad news for consumers in the US.
Tariffs for Chinese-manufactured goods could be increased by an additional 15%, which would make it more expensive for Sony to export the PS4 and PS5 to America.
Indeed, Sony finance chief Hiroki Totoki said that the company is monitoring its options should the US and China fail to come to an agreement.
“We believe, and therefore have told the U.S. government, that higher tariffs would ultimately damage the US economy,” Totoki warns.
With the PS4 nearing the end of its cycle, the problem is more likely to affect the PS5 when it launches in 2020.
But with the currently proposed Tariffs in place, there is still a chance that the PS4, Xbox One and Nintendo Switch will be affected.
The PlayStation 5 has yet to be given a release date but it’s expected that Sony will want to keep pace with Microsoft.
The Xbox Scarlett is launching during the holiday period in 2020, laying down the marker for Sony to match.
So there’s a very high chance that both machines will hit the market around the same time.
Source: Read Full Article