Valuable items can cause Sony’s PlayStation 5 to reach at least $ 470 in retail – nearly $ 100 more than its predecessor
- The PlayStation 5 can eventually cost $ 470 due to expensive components
- A report suggests that Sony may have to pay $ 450 to produce each unit
- Expensive and much needed flash memory contributes to the costs
The next Sony home console can be set for a significant price increase over its best-selling predecessor.
According to a report from Bloomberg listing sources that are familiar with it, PlayStation 5’s use of the much-needed flash memory components can increase production costs to $ 450, meaning the console is likely to be in store for at least $ 470.
As noted by Bloomberg, the PlayStation 4 – the current iteration of the Sony gaming console – first sold for $ 399 and the company reportedly cost around $ 380 to produce.
Sony may have planned a lot for its next-generation console, but the price will be difficult to balance, given the powerful processors and the more expensive flash memory
How high Sony can lower its price for the PlayStation 5 depends on its direct competitor, Microsoft, which is planning to release its next generation Xbox around the same time.
Xbox calls its next generation the “Series X” and claims it will be the most powerful console ever. There is no current pricing, but the company says it will be released this year.
According to Bloomberg, behind the price increase of the PlayStation 5 there is an increased demand for DRAM and NAND flash memory that are regularly used in the market for smartphones.
The console will also use a more expensive cooling system to reduce the heat generated by processors with higher power and according to Bloomberg, those systems cost a few dollars per unit.
Bloomberg notes that cooling systems usually cost less than a dollar per unit.
Maintaining a reasonable price for the console works directly against newly promised features that promise to make the PlayStation 5 better than its predecessors.
During a presentation from Sony Interactive Entertainment last year, a director showed the super-fast loading times of the PlayStation 5, made possible by an all-new solid-state drive built into the device.
Thanks to the PlayStation 5’s advanced graphics card and processors, the device also supports 8K graphics, in addition to 3D audio according to previous reports.