PlayStation Boss Seems To Hint At The PS5’s Price Being Expensive

We’ve all wondering how much the PS5 is going to set up back, and it sounds like it might end up being pretty expensive as PlayStation’s boss hints at the price.

The PlayStation 5 reveal last week was pretty incredible.

The machine genuinely looks like something from the future.

The PS5 looks like an alien bit of tech and even though when first looking at it, I thought: “Oh my God! That’s ugly”, after a while the quirky space-age design grows on you.

Anyway, the second thing you start asking yourself is how much is this thing going to cost.

PlayStation has a rather interesting history with pricing its consoles.

Back when the PS3 first launched, they made it far too expensive, thinking that everybody was going to buy one anyway regardless of the price.

They didn’t really take much notice of the competition, and the Xbox 360 ended up becoming that generation’s highest-grossing console (if you discount the Wii).

So, they released the PS4 at a much more reasonable price, and you’d hope they’d end up doing something similar with the PS5.

It sounds like the PS5’s price is going to be high

Here is the new PS5 lineup – Credit: Sony

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Yet, it sounds like they might be reverting back to their old ways over at Sony and PlayStation.

This comes after PlayStation’s boss, Jim Ryan, spoke to BBC about the price of the upcoming PS5.

Rather than say they would price it competitively, yet he claimed that they would price it according to its “value”.

Here’s what he told the BBC in full:

Conventional wisdom and history show that our business is one of the more recession-proof businesses. But I think this will sharpen our need to ensure that we focus on getting the value equation right. And I emphasize value as opposed to price.

Honestly, this quote doesn’t fill me with hope.

It makes me think they’re going to sell their PS5s at a price close to $600 as opposed to $500.

I really hope PlayStation doesn’t make the same mistake it made in the past.

What do you make of this news?

Are you looking forward to buying the new PS5?

Let us know your thoughts in the comments below.

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