PlayStation 5 Manufacturing Reportedly Limited By Price
Sony plans to manufacture fewer PlayStation 5s in its first year than it manufactured PlayStation 4s in that console's first year, according to a report published Thursday by Bloomberg.
Sony will make 5 to 6 million units of the PS5 in the fiscal year ending March 2021, as opposed to 7.5 million units for the PS4.
According to a Bloomberg report, there will be fewer PS5 units available at launch than PS4s in 2013
— Nibel (@Nibellion) April 16, 2020
Devs expect the console to cost $499-$549
Sony might also forgo a press conference to announce release date and price due to COVID-19 https://t.co/luCh6KKr3M pic.twitter.com/f9YCnR7dJs
PlayStation 5 Manufacturing Reportedly Limited By Price
The downshift in production is a result of the console's likely high asking price, itself caused by its ambitious hardware, according to Bloomberg's sources. The coronavirus (COVID-19) pandemic has not affected manufacturing capacity, but has changed the promotional plans for the console. It remains possible the COVID-19 pandemic could exert influence on production in the future.
Developers working on games for the PS5 expect its price to be $499 to $549, Bloomberg reports.
A price cut for the PS4 and PS4 Pro is reportedly being weighed. The consoles currently cost $300 and $400, respectively. Sony still plans to release the PS5 in 2020, especially so long as Microsoft doesn't delay the release of its next Xbox. Assembly is scheduled to begin in June.