Sony’s $700 price tag for the PS5 Pro has got everyone talking. The surprise price looks like a test for what’s to come for next-gen consoles.
The PS5 Pro’s announcement yesterday wasn’t a surprise. What was a surprise was the price: at $699.99, it debuts as Sony’s most expensive console ever. It brought back memories of the PS3’s controversial price tag, a console that when adjusted for inflation is the same $779 price point of a PS5 Pro with the additional disc drive. It’s a very expensive PlayStation, and I fear it’s a test of what’s to come for next-gen console pricing.
Component costs aren’t coming down, the console market isn’t growing, and Microsoft Xbox chief Phil Spencer admitted earlier this year that subsidizing hardware is now challenging because the price of components isn’t dropping fast enough. Last year, a Microsoft document revealed that the company had planned to subsidize the Xbox Series X and S to the tune of $1.5 billion in 2021 to hit its price targets of $499 and $299, respectively.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Morning After: The $700 PS5 ProMat Smith heads up Engadget’s daily newsletter from London, UK. He has worked at Engadget for over a decade and has covered console gaming, flagship smartphones, the Apple Watch and fitness tech that promises to make him faster or stronger. He’s currently learning how to backflip.
Read more »
Sony unveils its PS5 Pro console, which will cost you a whopping $700Anna has been a freelance writer for more than a decade. In that time, she's covered everything from electronics to esports, from marketing to magic. Her tech and entertainment reporting has appeared on Ars Technica, Mashable, Digital Trends, and more. She especially loves playing, making, and geeking out over video games.
Read more »
Sorry, but the PS5 Pro is worth $700The PS5 Pro is insanely expensive at $700, but compared to buying a gaming PC, it's shockingly worth the price.
Read more »
The $700 PS5 Pro doesn’t come with a disc driveSony’s PS5 Pro won’t come with a disc drive to play physical games — you’ll have to buy and install the disc drive separately.
Read more »
$700 PlayStation 5 Pro unveiled by Sony Interactive EntertainmentSony Interactive Entertainment revealed the PlayStation 5 Pro on Tuesday -- and it comes with a price tag of $700.
Read more »
PlayStation 5 Pro finally announced for a whopping $700 this NovemberDT Video
Read more »