Home / Trends / Microsoft Xbox Series X may just have forced Sony to cut the price of the PlayStation 5

Microsoft Xbox Series X may just have forced Sony to cut the price of the PlayStation 5

Microsoft’s shockingly low price for the upcoming Xbox Series S surprised more than just video game fans – it baffled major competitor Sony as well.

The Japanese gaming giant is under pressure to lower the MSRP of its upcoming PlayStation 5. The European blog Gamereactor reports that it was “considerably” higher than the prices Microsoft has announced for its two new consoles.

Console makers have been fighting for months over who would release pricing details for their next-generation Xbox and PlayStation consoles first. Microsoft announced this week that its premium Xbox Series X would retail for $ 499, while the budget Series S would retail for wallet-friendly $ 299.

Rumor has it that the high-end PlayStation 5 retails for up to $ 599, while the fully digital little brother retails for $ 499. However, following Microsoft̵

7;s announcement, Sony could decide to subtract $ 100 from the price of each console, according to Gamereactor, in order to better compete with Xbox.

Viewers had expected to spend at least $ 400 on a next-generation console with top-class processors and specs that promise true-to-life graphics. The S Series pricing means a new gaming system is available for the same price as the 7-year-old PlayStation 4 or Xbox One – and the same as the $ 299 price for the popular Nintendo Switch.

In fact, at $ 499, the Xbox Series X is lower than the $ 599 price Sony charged when it first announced the PlayStation 3 in 2006.

The two upcoming PlayStation 5 models
The two upcoming PlayStation 5 models.Sony

It’s not the first time Sony has waited to see what Microsoft will charge for its new Xbox. Back in 2013, Sony undercut the Xbox One by $ 100 when it was announced that the PlayStation 4 would sell for $ 399.

The new Xbox models can be pre-ordered from September 22nd and will go on sale on November 10th. Sony has not yet announced a release date for the PlayStation 5, but has announced that they will be available in time for all models. important Christmas business season.

Both Xbox consoles will be available through the Xbox All Access Installment Program, which will allow players to pay either $ 35 or $ 25 per month for their Series S or Series X and access a library of Xbox games for a period of 24 months can.

Sony is preparing for the high demand for the new PlayStation and will limit sales of its new console to one per person, as stated in the backend code on the PlayStation website earlier this summer.

“You can only buy one version of the PS5 console: disc or digital,” says a popup shown to customers trying to buy multiple consoles. “You have already added a PS5 console to your shopping cart.”

Sony anticipates a rush for the powerful device as consumer appetites for games have increased as the coronavirus keeps people indoors. The Japanese juggernaut is set to ramp up production and plans to have 10 million consoles available when the PS5 is released later this year.

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