Report: Sony scaling back initial PS5 production numbers

A new report suggests Sony may be cutting back on initial shipments of the upcoming PlayStation 5. That's in part because initial demand for the system may be limited by a higher asking price and by the COVID-19 pandemic's global impact on consumer spending.

Sony may expect to sell fewer PS5 units initially in part because of a higher-than-normal expected price for its next console. Developers working on PS5 software expect the system to launch for between $499 and $549, according to Bloomberg, driven by more expensive components such as high-speed SSD storage. Some analysts feel the system may launch at a lower, loss-leading price of $450, though, which would be a bit closer to the PS4's $399 launch offering.