It Seems That Sony May Be Struggling To Keep The PLAYSTATION 5's Cost Under $450 Per Console

It Seems That Sony May Be Struggling To Keep The PLAYSTATION 5's Cost Under $450 Per Console

It Seems That Sony May Be Struggling To Keep The PLAYSTATION 5's Cost Under $450 Per Console

According to multiple sources, it seems that Sony may be struggling a bit to keep the PlayStation 5's cost under $450 USD per console, and has not yet set a definitive price.

Since it was officially announced, little has been shared about Sony's PlayStation 5. Information has revealed that it will be a powerful console, but Sony hasn't really given consumers any real reasons to purchase their next gen console; a console that they still haven't even officially unveiled.

According to some new information, we may finally have some news in regards to the PlayStation 5's price, but it seems that not everything is good news, as Sony themselves may be struggling to keep the highly anticipated console somewhat budget-friendly.

Bloomberg reports that some of their sources, who asked to remain anonymous, have revealed that some scarce components have actually managed to push the cost of the PlayStation 5 to around $450 USD per console; situation that has made it difficult for Sony to set a price. 

February is usually the month in which Sony sets prices for consoles that are bound to release in time for the holiday season, and this new information suggests that the company is still waiting to see how things pan out before they begin mass production in spring.

Sony's Chief Financial Officer Hiroki Totoki has previously mentioned that the company needs to keep the bill of the console's materials under control, and properly plan how many of these they need to have ready when the PlayStation 5 goes on sale.

"We must keep PlayStation 5’s bill of materials under our control and we need to make the correct number of units in the initial production," stated Totoki earlier this month.

Sony is probably waiting to see what will the cost of Microsoft's Xbox Series X be, and try to counter that by lowering the price of the PlayStation 5 in any way they possibly can. They pretty much did the same thing when the Xbox one was revealed to retail for $499 and the PlayStation 4 was revealed to retail for $399; a decision that actually made Sony's console the winner of this current generation.
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