SOUTH BY SOUTHWEST ANNOUNCES NEW KEYNOTE SPEAKERS

https://youtu.be/ApCfyIFVieo Austin, Texas — December 10, 2019 — South by Southwest® (SXSW®) Conference and Festivals (March 13-22, 2020) has announced the addition of a Keynote Conversation, Opening Speaker, and new Featured Speakers for the 2020 event,...

Every Premiere Coming To Netflix, Disney+, HBO Max, Hulu & Amazon Prime Video In December

December is just around the corner, and that means streaming users all over the country are about to get a bunch of new content to enjoy as they finish out the year. Netflix, Disney+, HBO Max, Hulu, and Amazon Prime are all going to be adding plenty of movies,...

Hatebreed Drops New Album Weight of The False Self Today

Weight of The False Self proves that over 20 years deep into an iconic career, Hatebreed remain vital Connecticut hardcore metal titans Hatebreed have released their eighth studio album Weight of The False Self via Nuclear Blast today, November 27. The album is...

THE SMASHING PUMPKINS RELEASE DOUBLE ALBUM, ‘CYR’ TODAY

A New Smashing Pumpkins Album CYR Arrives Today The Smashing Pumpkins have released their highly-anticipated eleventh studio album, CYR (via Sumerian Records). A 20-track double album, produced by Billy Corgan in Chicago. He is also joined by fellow founding...

SLIPKNOT ANNOUNCES KNOTFEST BRAZIL FESTIVAL

One Of The World's Biggest Festival Brands Set To Land In Brazil For The First Time In 2021 Slipknot has announced the first-ever Knotfest Brazil which will take place at Sambódromo do Anhembi in São Paulo, on December 19th 2021. More than just a...

PlayStation Drops The Ultimate FAQ For The Powerful PS5

Now that the launch of the PlayStation 5 is nearly here, PlayStation has published a final "Ultimate FAQ" about the forthcoming next-gen console in hopes of clarifying any and all outstanding questions about the PS5. While PlayStation has described many of these...
playstation 5,xbox series x,price point,xbox series,scarce components,

According to a new report, the PlayStation 5 could cost Sony Interactive Entertainment about $450 per unit. Recommending the consumer console will be $500 when it hits this holiday season. Unless PlayStation wants to eat manufacturing costs upfront and put the next-gen piece of hardware somewhere within $400-450, which is certainly conceivable. The report comes the way of Bloomberg. It records that scarce components have increased the prices of creating the console to the aforementioned price point, which has pushed Sony into a difficult position as it looks to fight with the Xbox Series X on this front.

The Takashi Mochizuki report writes that — typically — Sony likes to finalize what the price of the console will be internally by February ahead of mass production in the spring. Nevertheless, for now, the company is taking a “wait-and-see approach,” probably meaning it’s waiting to see how component scarcity developments in the coming months and how much the Xbox Series X costs.

As for the scarce components themselves, apparently, Sony is having difficulty getting a supply of DRAM and NAND flash memory, as both are currently in high demand by smartphone producers.

As you may know, the PS4 hit back in 2013 at a very wallet-friendly price point of $400. And given that the console was expected to cost $381 to manufacture. This was not only a low price point, but one Sony nearly made money on at launch. However, if the Playstation 5 is looking to replicate this gross margin, it will need to around $500. Which Macquarie Capital analyst Damian Thong thinks is a bad idea.

“Consumers will benchmark their expectations based on the PS4 Pro and PS4,” said Thong “If Sony prices above that, it would likely be to balance a need to offset higher materials cost, against the risk to demand.”

Of course, all of this information, and the speculation on top of it, should be taken with a grain of salt, as any report. At the moment, Sony hasn’t commented on the report, and it likely won’t. The PlayStation 5 makers rarely comment on rumors.

Join 370,333 other subscribers

%d bloggers like this: