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New PlayStation 5 price rumor has the next-gen console approaching US$500

There could be several variants of the PS5 depending on SSD storage size. (Image source: FalconDesign3D)
There could be several variants of the PS5 depending on SSD storage size. (Image source: FalconDesign3D)
A new report has suggested that an issue with components could force Sony to price the PlayStation 5 at around the US$500 mark instead of the much lower level that many fans would have been hoping for. Acquiring DRAM and NAND memory at higher prices could mean that the next-gen console costs over US$470 and toward US$500.

Sources speaking to BNN Bloomberg have indicated that the tricky acquisition of certain parts for the upcoming PlayStation 5 console will cause the device’s final price to be higher than expected. Although US$499 has already been mentioned as a potential price for the PS5, there will be plenty who want Sony to keep the price lower than that. However, manufacturing costs will now apparently be at around US$450 per unit, with Sony slapping on its own margin on top of that.

It seems there is a lot of competition between smartphone OEMs and companies like Sony for getting enough DRAM and NAND memory stock. With the parts becoming rarer, the prices start rising, which is why the PS5 could cost between US$470 and US$500. It’s possible Sony might want to absorb some of the cost upon the release of its next PlayStation console to provide as much competition as possible against the Xbox Series X and encourage gamers to choose the PS5.

The report is based on information from unnamed sources, with Sony still not revealing what the final price of the PS5 will be. It is possible there will be a variety of consoles based on the storage size of the SSD, with a cheaper or more expensive model being made available to customers who either cannot afford a US$500 price tag or are happy to pay an even higher price for a larger SSD.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2020 02 > New PlayStation 5 price rumor has the next-gen console approaching US$500
Daniel R Deakin, 2020-02-15 (Update: 2020-02-15)
Daniel R Deakin
Daniel R Deakin - Managing Editor News
My interest in technology began after I was presented with an Atari 800XL home computer in the mid-1980s. I especially enjoy writing about technological advances, compelling rumors, and intriguing tech-related leaks. I have a degree in International Relations and Strategic Studies and count my family, reading, writing, and travel as the main passions of my life. I have been with Notebookcheck since 2012.