Sony is Giving Hits on the PlayStation 5 Price
The Console battle of this year is getting really lit PS5 vs Xbox Scarlet. Sony and Microsoft are sure to update their line of console products. Sony executives said in a recent earnings conference call that the company has yet to settle on the price of the new PlayStation 5, according to the latest media reports.
Nonetheless, it is a difficult decision to be made at the moment as production costs are increasing as the output increases. Sony says selling for $399 isn’t possible anymore. It gives us the impression that the PlayStation 5 is sure to sell more than $400.
The manufacturing costs for the Sony PS5 are already at $450 according to previous reports. If we include marketing, testing, and development costs, the total is close to $500. Recall that the PS4’s total production cost is $381 so selling for $399 was easy. The probability to sell the PS5 for $400, however, is completely uncertain.
Some reports claim that Sony has some real trouble securing DRAM supply and flash memory for the PS5. This uncertainty means it’s likely the price will spike. Analysts think its quality could be one of the downsides of the PS5. Reports claim the PS5’s final price could be close to $470 and this has to do with the console’s choice of components.
Sony will refine the cooling system of the PS5 aggressively, this is another feature that will spike up the price. The new Sony PS5 uses custom SoC from AMD. The frequency is 3.2GHz, and the output is 4 times the initial PS4. If the PlayStation 5 has a price tag of $450-$ 500, can you buy this console?