PS5 and Xbox Series X will be more expensive than the current consoles, but that’s fine

This time next year, you might be unwrapping your brand new PlayStation 5 or Xbox Series X consoles and test out the brand new games made for it before you start your Christmas day. Or you’ll get one for some of the kids in your family. Both gaming rigs will hit stores at some point in November 2020 or early December at the latest, after an undetermined period of preorders. But one of your New Year’s resolutions this year should be to be ready to pay more money for the PS5 or new Xbox than the current models.

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267d ago
IRetrouk267d ago

I'm happy to pay the higher price if what they put in em is worth it, would rather have a more expensive console worth the price from the off than wait for a mid gen refresh to be honest.

Cikatriz_ESP266d ago

I would assume we’re getting both: more expensive consoles that will be semi-obsolete halfway through the generation.

ApocalypseShadow267d ago (Edited 267d ago )

It's not a problem when you get what you pay for.

PS1 and PS2 were $299. You didn't get everything. Tons of games.

PS3 was $499-$599
It had everything. Especially the fat one I bought. Sony lost money on each sold. Tons of games.

PS4 didn't have everything. And the cost was $399. Sony made money on each sold. Tons of games.

PS5 may have everything again. Cost potentially $499. My guess is Sony will make money on each sold. Based on Sony's history, it will have tons of games.

You get what you pay for which is **Tons of games.** . That's all a gamer needs which is fine by me. The console is only the investment to get to the games.

DarkZane266d ago

Actually, Sony lost money on the PS4 at $399.

Ricegum266d ago

Nope. They made a slight profit from the start.

DaDrunkenJester266d ago


Where are you guys getting this info? Everything I'm seeing is that they expected a slight loss, but would make a profit on additional software sales.

"Sony's PS4, which launched at $399, cost $381 to make. After factoring in marketing, shipping, and other operating costs, Microsoft and Sony likely lost money on each console sold. Both companies also subsequently lowered the prices of their consoles several times."

DaDrunkenJester266d ago (Edited 266d ago )

Almost all consoles are sold at a loss, but they make up for it with software and services etc.

Sony confirmed it with PS4:

PS3 was definitely the biggest loss a console has had tho.

IRetrouk266d ago (Edited 266d ago )

Yeah sony put way too much effort in the cell and all the other extra features the ps3 came with, was worth it for us, just not for sony.

Platinum_k266d ago

interesting prediction. Mass manufacturing something similar to the number of features PS3 has into the PS5 will definitely cost a lot and will be sold at loss.

I doubt they will make the same mistake as the PS3.

lifeisgamesok267d ago

I'd bet $499 and there's rumors of next generation being a big compute jump

PS4 had the best looking exclusives at 1.84 Tflops. The PS5 will have 11-13 Navi Tflops

lifeisgamesok267d ago

The biggest compute jump ever is the rumor

Gamble20266d ago (Edited 266d ago )

Not a chance Sony launches PS5 at $599. Even though inflation has reduced that relatively speaking since they launched PS3 in 2006, that was still a massive PR hit for the company and I suspect they feel pretty damaged from it. They’re more likely to launch at 549 if they need to go above 499. But I still put the highest odds at 499 being the price.

SinisterKieran266d ago

if you want more power, its gonna cost

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