PlayStation 5 price and release date confirmed: US $499 on November 12th
Sony’s PlayStation 5 event was today, and the information everyone has been waiting for was officially announced. The PlayStation 5 will launch on November 12 for US $499 for the standard edition and $399 for the Digital Edition.
The November 12 launch date only applies to the United States, Japan, Canada, Mexico, Australia, New Zealand, and South Korea. The rest of the world, including Europe, will have to wait a week until November 19.
Pricing in other currencies will be €499.99, £449.99, and ¥49,980 for the standard PS5 and €399.99, £359.99, and ¥39,980 for the PS5 Digital Edition.
This pricing is competitive with the Xbox Series X, which will launch for $499 (£429.99, AU$749) on November 10. The Xbox Series S, which is essentially a lower-powered version of the Xbox Series X, will be priced at US $299 (£249.99, AU$499).
Gamers will have a hard time choosing between the PS5 and Xbox Series X based on price, considering the consoles are priced the same. As with many console wars in the past, it seems that exclusive titles will decide which console will reign supreme.
The event also showed off several titles, some of which will be available at launch. Games showcased (but not necessarily available straight away) include Final Fantasy XVI (16), Spider-Man: Miles Morales, and (for some reason) Five Nights at Freddy’s: Security Breach. Of course, Fortnite will be available at launch.
Preorders for the PlayStation 5 go live tomorrow at select retailers. You can find more details at Sony's PlayStation blog.
Will you be buying the PlayStation 5 when it lands on November 12? Or are you looking at the Xbox Series X? Let us know in the comments.