Nigeria: Playstation 5 to Debut in Stores Nov 12

18 September 2020

Sony's PlayStation 5 finally has a release date and price tag.

The next-generation video game console will hit stores Nov. 12 -- two days after the Xbox Series X's release -- and will retail for $499. The all-digital edition of the gaming system, which doesn't feature a disk drive and can only play downloaded software, will retail for $399.

The PlayStation 5 is the most hotly-anticipated upcoming gaming console, and will take on Microsoft's new Xbox in the all-important holiday sales season.

Sony reportedly was forced to lower its pricing after Microsoft earlier this month announced that the Xbox Series X would retail for $499, while the all-digital Xbox Series S would sell for just $299.

The Japanese gaming giant said that the PlayStation 5 will be able to play an "overwhelming majority" of PlayStation 4 games -- meaning that the system will launch with a massive library of popular and affordable titles. The Xbox Series X will also have backwards compatibility.

The PlayStation 5 will have an ultra-fast hard drive which Sony says will all but eliminate in-game load times, and will have state-of-the-art processors that will deliver lifelike graphics.

Sony allowed gamers to start making reservations for PlayStation 5 preorders on Wednesday, while Xbox preorders will begin on Sept. 22.

Shares of Microsoft were down 2.3 per cent in early morning trading, while Sony stock was flat.

NY Post

Vanguard

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