The expected price of the Playstation 5 and the faltering launch plan.

The PlayStation 5 will be released in quantities much lower than expected, compared to the launch of the PlayStation 4 later this year due to the impact of the COVID-19 virus.

Playstation 5

With Sony sticking to the launch date of the Playstation 5 during this holiday season this year, it seems that it will not be as we imagined as we are waiting for the launch of the device, as Bloomberg published a new report based on some information obtained through private sources from Sony.

Corona pandemic had a significant and direct impact on the launch plan, especially the device manufacturing process that was launched soon to prepare to cover market demands during the first launch phase, and according to what was mentioned in the report we summarized the most important of these points.

Launch plan and expected price

1. The launch date of the PlayStation 5 will be on schedule, which is the holiday season this year
2. The device will be produced in quantities less than expected due to the limited production process and factory performance in the current stage
3. Between 5 and 6 million devices will be put on the market until the end of the current fiscal year on March 31, 2021, compared to the Playstation 4, more than 7.5 million devices have been launched in less than this period.
4. The process of promoting and marketing the device around the world has been greatly affected by the Coronavirus
5. The price of the device is expected to be between 500 to 550 dollars (1750 to 1900 SAR)
6. The high price came due to the high technology of the device and the small amount of production.

This is a summary of the most important report on the new Bloomberg website, which is in line with many analysts' expectations in the past, but we hope that we will soon get an official clarification from Sony about the device's launch plan in full.

  If this information is confirmed, it appears that the Middle East market will witness a delay or perhaps pumping very small amounts of the device, which will directly affect the selling price in the local market.