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PlayStation 5 Price Will Undercut Xbox Series X, Analyst Suggests

PlayStation 5 Price Will Undercut Xbox Series X, Analyst Suggests

With the PlayStation 5 price expected to be announced later today at 9pm BST during the PlayStation 5 Showcase, everybody seems to having one last crack at how much they think the next-gen console will cost. Some believe it'll be wildly more expensive than the Xbox Series X's £449 price point, while others are of the opinion that Sony will likely match - perhaps even undercut - the Microsoft machine.

Of course some guesses are infinitely more educated than others... which brings us neatly on to Bloomberg Intelligence analyst Masahiro Wakasugi believes that the console could go as low as $449, with the cheaper digital edition perhaps even dropping below $400. With the Xbox Series X costing $499 in the US, this would make the PS5 a fair bit cheaper - although a $400 digital PS5 still wouldn't match the $299 Xbox Series X price. It's worth noting, however, that the Xbox Series S sacrifices much more in terms of specs than the digital PS5 does.

PlayStation 5 / Credit: Sony
PlayStation 5 / Credit: Sony

If we were to do a straight conversion of Wakasugi's predictions, the PS5 would cost as little as £346/£308 here in the UK. But as you can see from the US/UK prices of the Xbox Series consoles, we can't expect a straight conversion... as incredible as it would be to pay less than £350 for a brand-new PS5.

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The good news is that we really don't have to wait that long to find out how much the PS5 is going to priced at. It seems Sony finally intends to pull back the curtain on price and release date at tonight's event, which means we can finally put an end to the months of speculation and leaked retail listings.

I'm also hoping that Sony will use tonight's show to give us a look at some new upcoming games for the PS5. The last major showcase for the console revealed the design of the console, as well as a handful of first- and third-party titles. Among them, we saw Resident Evil Village, Demon's Souls, Horizon Forbidden West, and Spider-Man: Miles Morales.

Recent rumours suggest we might get a first look at Final Fantasy 16, while the particularly foolish dreamer in me is desperately hoping that Bloodborne 2 is finally announced. GAMINGbible will be on hand with all the latest updates as we get them this evening, so be sure to keep an eye on Facebook and Twitter.

Featured Image Credit: Sony

Topics: Price, PS5, Next-Gen, News, sony, Playstation, Release date

Ewan Moore

Journalist at GAMINGbible who still quite hasn’t gotten out of my mid 00’s emo phase. After graduating from the University of Portsmouth in 2015 with a BA in Journalism & Media Studies (thanks for asking), I went on to do some freelance words for various places, including Kotaku, Den of Geek, and TheSixthAxis.