PlayStation 5 (or PS5) is known as the next generation of the famous PlayStation console, released by Sony and will be released in late 2020. Although Sony is still quite tight-lipped, TechRadar has received a Reliable information about this device.

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PlayStation 5 release date
Sony has officially confirmed that the PS5 will be released on the “holiday in 2020” (“in time for Holiday 2020”), so the company is likely referring to the October to December period of this year. Maybe launch near Thanksgiving, Christmas, or start available at New Year.
Interestingly, the new gaming console from Microsoft, called the Xbox Series X, will also be released around November of this year. The competition between two famous gaming consoles promises to stir up the technology market by the end of 2020.

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Sony PR has also confirmed that the PS5 release date is not delayed by the COVID-19 pandemic, so fans will not need to worry as PS5 will definitely arrive later this year.
Both the PS5 and Xbox Series X select processors + graphics chips from AMD manufacturers. According to AMD CEO Lisa Su, the company is ramping up production to get it done as soon as possible, ensuring it meets the launch schedule of the devices.
Hopefully, in the near future, we will know the exact launch time of the PlayStation 5.
Price
As of now, Sony has not officially confirmed the price of the PS5 console generation. The reason given is that the company has not reached a final decision on price.
According to Sony Chief Financial Officer Hiroki Totoki, there are many factors that affect the price of the product so it is not possible to discuss the amount of equipment at this time, the company will need time to define more about the costs involved and bring equilibrium prices to the market.

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Although Sony has not yet decided on the price, there has been some news regarding the expected price of PS5. A source said that the PS5 product line will be sold in North America for $ 499 (about 11.7 million).
If this really happens, it will be good news for customers because this price is only $ 100 higher than the starting price of PS4 and PS4 Pro. However, this is only a dream when a report from Bloomberg stated that the number of PS5 units produced will be less than the PS4 predecessor in 2013.
From there, Bloomberg also predicted that Sony will sell up to 6 million computers by March 2021, while the same period a few years ago, PS4 sold 7.5 million units.

Not because the PS5’s charisma is not that strong, it’s simply that user demand is expected to diminish. The PS5 comes with a strong hardware configuration and high-end features, so the price may not be soft at all.
However, Sony may also consider losing a bit to attract customers when competitors Xbox Series X also launched at the same time. Remember when the PS4 launched, this device was superior to the Xbox One series because of its more affordable price. Sony can completely redo this method for the new generation PS5.