After the massive reveal of Sony‘s PlayStation 5 and a slate of impressive games, a retailer has now put the PS5 available up for pre-order for a hefty price. Eager fans can head over to Play Asia and place a pre-order for the console for $700, with an interesting mention of a December 2020 release date. However, Sony’s event did not include a release date beyond an ambiguous “Holiday 2020,” nor did they announce a price point for the console’s launch. It is possible that both the date and the hefty price tag are placeholders until Sony makes a more specific announcement for the PS5. But that’s not stopping fans from claiming the console from Play Asia, where both the standard version and the digital version of the PlayStation 5 are up for pre-order.
Current rumors and speculation point to a $500 price point for the console and a release sometime between late October and early November. There have been a few leaks here and there that have suggested the console will release in December like the PS1 did; however, it’s unlikely Sony would be willing to miss Black Friday and Cyber Monday, which is when a bulk of holiday season shopping is done, especially in North America, the console’s primary market.
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That said, while we don’t know how much the console will cost, there’s no way it will cost $700. In fact, even $600 is very unlikely. After all, Sony has admitted in the past this was a bad price point when the PS3 launched with it.
“The PS5 will cost $500, or at least that will be the starting price point,” reads a snippet from our opinion piece on why we think the console will cost $500. “Sony has hinted at the PS5 being a bit on the pricey side in the past, which certainly rules out a $400 price point. Meanwhile, rarely do consoles sell at the $50 mark, and if Sony were to choose $450, it would require it to eat some of the costs upfront, which it won’t do. At this point, everything points to a $500 price point. There’s no way it makes the mistake of charging $600 again, and again, consoles rarely will sell at the $50 mark at the start of the generation, which rules at $550.”
The PlayStation 5 is scheduled to release worldwide sometime this holiday season. For more news, rumors, leaks, and every other type of coverage on the console click here or see the relevant links below:
