PlayStation 5 Price Revealed? – Hot Take

Have we seen the PlayStation 5 price revealed? We don’t know but we’ve seen a Twitter user, @PSErebus, post a supposed leak of the launch price and launch date for the PS5. 

Sony hasn’t even officially unveiled the PS5 as of yet. We know it’s called PlayStation 5 and that it will launch during the 2020 holiday season. But that’s it. So this leak should be taken with a pinch of salt. But according to @PSErebus’s undisclosed source the PS5 will launch at US$499 on November 20, 2020. They also tweeted a launch price for Xbox’s next console, also US$499.

Xbox 2 vs PlayStation 5

Xbox One lost out this generation to PlayStation 4. They came to market with a console that was too expensive and offered an under powered gaming experience. And Phil Spencer discussed as much with reporters during X019. As we discussed here, Spencer alluded to learning from the mistakes of the past. And he said clearly that this time around Xbox would not be caught behind on price or power. Matching the competition one for one on price would be a decent start. 

Games, games, games

But even if Xbox’s next console does release at the same MSRP as PS5 will that be all consumers will look at? Probably not. Almost as important as ticket price is what games are available. Now this generation that is Xbox One’s one advantage over PS4. Xbox worked hard since 2013 to get backwards compatibility the best they could for Xbox One. Now we have a large selection of Xbox and Xbox 360 games that work with the physical disc on Xbox One. Although you can play a selection of legacy titles on PS4 it doesn’t work with your old discs. You have to buy the game digitally from the PSN. Not quite as consumer friendly.

But where PS4 has the advantage is with first party titles that gamers want. Marvel’s Spider-Man, God of War, the Uncharted series, and the highly anticipated The Last of Us Part 2 to name a few. The exclusive franchises available to Xbox One — Forza, Gears of War, Halo — are tired and their luster has dulled over time. Xbox does have Xbox Game Studios made up of all their new studio acquisitions. Next year will be the time to show what power 15 studios can bring to your console. 

All signs are pointing to the next console generation being a wild ride. And step one to getting fans on board is offering tons of features and games at the lowest price possible. What will those features end up being? What will it end up costing? These are all questions we’re very excited to hear the answers to.

Hot Take is a live-streamed show where two of our hosts jump in-front of a camera to discuss the latest gaming news and trends. These videos are personal opinions and not intended to be news reports.

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