Sony Struggling With Pricing and Release Date for PS5 Due to COVID-19
Another day, another rumor about the pricing and release date for PS5. Coronavirus is impacting production in China and the global economy in unprecedented ways. So, everyone is trying to figure out what we can expect from Sony. Now, Bloomberg has posted some new predictions regarding the price as well as additional comments concerning reveal and release schedules.
Will the Pricing and Release Date for PS5 Alter Because of Coronavirus?
According to Bloomberg, “Game developers who’ve been creating titles for the next PlayStation anticipate its price to be in the region of $499 to $549, and Bloomberg Intelligence’s Matthew Kanterman points to increased component costs pushing up the price required for Sony to break even. Sony has struggled with its price-setting decision for the PS5 because of scarce components.”
Bloomberg also states, “Sony said last month that it plans to release results for the year ended March on April 30 but may be forced to push the date back due to the pandemic. The virus has already upended Sony’s promotional plans. The company may forgo hosting a public press conference for its PS5 release date and price unveiling due to infection fears. Recently, it was forced to reveal its DualSense PS5 controller in a hurried fashion, according to people informed on the matter.”
Finally, on the matter of launch dates, Bloomberg reported, “Still, Sony remains unlikely to delay the launch of the PS5 from the critical year-end shopping season. So long as archrival Microsoft Corp. doesn’t push back the release of its next-generation Xbox, also expected at the end of the year, Sony won’t delay either, the people said.”
The sourcing to “people” is pretty vague, but Bloomberg is obviously a reputable publication. So, even though all of this is rumor and guesswork, it may hold weight.
If we learn more about the possible reveal date, release date and price for the PS5, we will update you in our PlayStation news section.