Sony Plans To Produce Far Less Units Of The PlayStation 5 Than Its Predecessor; Estimated Price Point Revealed

Sony Plans To Produce Far Less Units Of The PlayStation 5 Than Its Predecessor; Estimated Price Point Revealed

New information about the PlayStation 5 suggests that Sony is planning on producing far less units of the next gen console than the PlayStation 4; estimated price point around $500-550 USD.

By JoshBerger - Apr 20, 2020 01:04 PM EST
Filed Under: PlayStation
Source: Bloomberg

The PlayStation 5 is probably one of the most secretive projoects in recent years; we all know of its existence, sure, but the information that Sony has revealed about their next-gen console is either too technical or simply too vague.

Earlier this month, Sony finally unveiled the PlayStation 5's new controller, and revealed some very interesting information about what this new piece of hardware can do. The company even did away with the DualShock moniker, and renamed the next-gen controller the DualSense.

Now, new information seems to reveal a little bit more information about the highly anticipated console, including an estimated price point that may disappoint some customers, and another piece of information that will also likely disappoint fans o the PlayStation brand.

First things first, and as first reported by Bloomberg, Sony is planning on producing significantly less PlayStation 5 units of than the PlayStation 4 when it was first launched in 2013. According to sources, this decision was made because Sony is "expecting the console's ambitious specs to weigh on demand by leading to a high price at launch."

The source, who chose to remain anonymous, also mentioned that the Coronavirus pandemic has not affected production, but it has affected the company's promotional plans for the PlayStation 5.

Five to six million PlayStation 5 consoles are expected to be assembled in the fiscal year ending March 2021, sources also claim, which is considerably less than the number of PlayStation 4 units producedas of November in 2013 — when Sony sold 7.5 million copies in its first wo quarters after launch.

During the E3 2013 event, then chair of Sony Interactive Entertainment Andrew House revealed that the PlayStation 4 would sell for a very reasonable $399 USD, but sources now claim that this will not be the case with the PlayStation 4, as game developers who have worked on games for the upcoming console esimate that the PlayStation 5 could be retailing for $499 USD up to $549 USD.

This agrees with the information that had been reported in February of this year, stating that Sony may have been struggling to keep the price of the PlayStation 5 under $450 per console because of scarce components.

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