Industry insider hints at PS5 price and release date

Industry insider hints at PS5 price and release date

Industry insider hints at PS5 price and release date

Sony has previously said that the PS5 will not launch this year, and won't arrive on shelves until after April 2020.

Sony won't be attending E3.

Analyst at Ace Research Institute, Hideki Yasuda, suggested that the new Sony PlayStation console will be released in November 2020 for $500.

Despite the controversy over the price of the PS5, analysts have reached a consensus on the release date of the product.

Loyal PlayStation gamers eagerly waiting for price and release date details about the PS5 just got a truly excellent piece of news. In the end, the PS5 is considered to be very powerful equipment, and although it's still far off until November 2020, it's hard to imagine that the price of the console could be less than $500.

As for how the sales will look like, Asuki predicts that the in the first fiscal year (March 31, 2021), Sony will sell 6 million units which will then be followed by 15 million units by March 31, 2022.

But still, there are those who believe that the cost of the PS5 will be lower. Sony itself has confirmed that the PS5 won't release within the next 12 months, and while it's not unprecedented to release a video game console in spring or summer, consoles usually launch in the fall.

The rumored PS5 price is similar to the Xbox One X. Furthermore, we can also expect a number of cross-gen releases to hit PS4 and PS5, which isn't surprising considering many PS3 games were revamped for Sony's current system.

Although his claims seem to agree with the other leaks, this information is a prediction, and even made by an analyst with a proven track record, should be taken with a pinch of salt, as they are still only predictions.