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Monday, October 2, 2023 | 
Entertainment Media & Books

Is this the price of the PlayStation 5?

New leaks suggest the PlayStation 5 might be cheaper than you think

By Herb Scribner Herb Scribnerhscribner@deseretnews.com
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FILE - In this June 14, 2018, file people stand online next to the PlayStation booth at the 24th Electronic Entertainment Expo E3 at the Los Angeles Convention Center. Sony is shutting down its pioneering online-cable alternative, PlayStation Vue, citing the high costs of content and the difficulty of network deals. (AP Photo/Damian Dovarganes, File)

In this June 14, 2018, file photo, people stand in line next to the PlayStation booth at the 24th Electronic Entertainment Expo E3 at the Los Angeles Convention Center. Sony is shutting down its pioneering online-cable alternative, PlayStation Vue, citing the high costs of content and the difficulty of network deals.

Damian Dovarganes, Associated Press

There’s a new rumored price for the PlayStation 5, and it’s not as expensive as you might think.

What’s going on:

  • Canadian retailer Play N Trade suggested the PlayStation 5 will cost $600 in Canada, which is just about $400 in the U.S., according to ComicBook.com.
  • Play N Trade is reportedly showing preorders for the system at that cost.
  • If true, the PlayStation 5 would be about the same price of the PlayStation 4 when it debuted in 2013.
  • Analysts predict that the PlayStation 5 could cost $500 on the console, according to ComicBook.com.
  • “So if the PS5 does manage to come in at $400 USD, Sony will be coming in under expectations, which is always a great way to generate hype and consumer interest,” according to ComicBook.com.
  • Still, it’s unclear if Play N Trade suggested the price as an idea or if it’s a legitimate cost.

Some more updates about the PlayStation 5

  • Sony revealed plans for the PlayStation 5 back in April 2019, saying the device would be released within the year, as I wrote for the Deseret News.
  • “That leaves a potential PlayStation 5 launch date for the summer next year, or far more likely the fall period of 2020,” according to The Verge. “A holiday launch for the PS5 wouldn’t be that surprising given this is when new consoles are typically available in stores, and it leaves the door open for Sony to reveal a lot more about the console at E3 next year.”