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Sony launches new PlayStation for the holidays. Here it costs



Sony said that the latest version of its gaming console, the long-awaited PlayStation 5, will go on sale on November 12 in the US for $ 500, equivalent to the price of Microsoft's upcoming Xbox Series X as the two companies prepare to fight for the market share this this holiday season.

Sony will also release a digital version of the PS5 for $ 400, the Tokyo-based company said at a virtual event on Wednesday. This version does not have a disk drive and requires customers to purchase and download games digitally.

Price tends to be an important factor in the success of a video game console. Historically, the cheaper systems sell more units, resulting in an increase in gaming revenue.

Console games have been priced at $ 60 since the early 2000s, but that seems to be changing. Take-Two Interactive Software had previously announced that the next entry in the NBA 2K series would go on sale for $ 70 on Xbox Series X and PS5. In a blog post on Wednesday, Sony said that the PS5 games it develops and publishes will sell for between $ 50 and $ 70. The PS5 games Demon & # 39; s Souls and Destruction All Stars, which will be launched alongside the console, will both cost $ 70.

Sony also announced that Final Fantasy XVI, the next entry in the popular role-playing game series, will be a console exclusive for PlayStation, a significant coup for the Japanese publisher. The previous game, Final Fantasy XV, was released for PlayStation and Xbox.

Other games shown on PlayStation 5 included Hogwarts Legacy, an open-world role-playing game based on the Harry Potter series, and Spider-Man: Miles Morales, which will be released this fall alongside the console for $ 50. Miles Morales and a remastered version of the PlayStation 4s Spider-Man cost $ 70. Sony also teased a sequel to the PlayStation 4s God of War released in 2021

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