New report claims PS5 might cost $499, launch in November 2020

XboxCont

XboxCont

Speculation regarding Sony's next-generation console - the Playstation 5 - has been rife in recent weeks, now an analyst has suggested when it will release and how much it will cost.

Sony recently confirmed that the PlayStation 5 is indeed in active development, revealing some of the console's features, like its backward compatibility with PS4 games in the process.

Sony won't be attending E3.

Well, that's if respected Sony analyst Hideki Yasuda's latest comments are accurate, with the commentator revealing his informed expectations in his latest quarterly analysis report for Ace Research Institute. 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.

But still, there are those who believe that the cost of the PS5 will be lower.

Speaking of games, it's been heavily rumoured that Death Stranding will launch for the PS4 and PS5, although Kojima Productions is keeping mum on any details now. Yasuda doesn't believe that cloud streaming services like Google Stadia will be a threat to the PS5, and so he thinks the console will sell quite well, predicting around 21 million units sold by March 31, 2022.

The rumored PS5 price is similar to the Xbox One X.

More information is likely to be released in the coming months, and we will keep you updated on everything related to Sony's next-gen release.

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.

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