I don't think this price has ever been attractive. It seems to me the right pricing most consumers are willing to take the leap for is 400.

My body is certainly ready.

I think it will be an easier pill to swallow when both PS5 and xbox4 is $500, and not just one of them.

I will never understand gamers if it comes to console prices.

Not only is the console itself only a small part of what you pay overall for gaming but it seems as if gamers never have more money even 30 years later even though people around them get a payraise every freaking year and inflation is a thing.

500 bucks shouldn't be really a problem if 400 wasn't 7 yesrs earlier if the console releases in 2020.

It is just needs to match its direct competitor price and it will be fine.

For me as a gamer and hardcore gamer the problem is not in the price number, but with what can you get with the price, If you get what you paid for than that is affordable. But for people that is not primarily gaming they need to think twice for their priority and their general income.

We just need to see in each country what is their general income, how much they spend , what is the trend? But people who step in to buy entertainment product and gadget they already knows that they will spend a lot money, so it will be depend on what the value proposition come with the price. Sony will just need to sell, to market and to added a value, and try to explain to the mass market.

Also it will directly affected by other competitor product and general consumer knowledge. For example if Microsoft come with less expensive stuff but with the same performance and value, then it will be considered expensive. For general consumer knowledge means like how they understand about 4k, 8k, resolution, graphic fidelity , and other multimedia and entertainment jargon .

So it all depend on, general income, price trend, competitor, consumer general spend, consumer knowledge, value proposition, quality that come with the price, brand recognition and how Sony can convince the market.

With Backward compatibility I am sure many who have PS4 will jump to PS5 , and many people also will no doubt that Playstation is world known brand. It's now depend on Sony to balance the price to not far from their competitor and to add "reasonable value" , and to consider the price to the trend on price, and basic economy in general.

Yes. We're nothing like, say, 2006, when the PS3 released. Gamers, on average, are much older (and thus have more cash to spend) and back then gaming itself was cheaper than it is now (for instance, now we've GPUs costing $1000 or more, literally unthinkable back in the GTX 8800 days). Not to mention the usual pricing of smartphones etc. nowadays.

I hope it's even more than that if the hardware justifies it. It would be great if they could release a lower cost version for all the usual whiners online though.

People were worried about the Switch price because it was too close to competition (comparing the hardware capabilities) and some were seeing it as a handheld. But that did not stop it from breaking records because of 1 thing...... The games.

It is all about the games.

For people who think price is an issue, they should just wait for Blackfriday and Christmas deals, wait for another SKU so the original SKU lower its price, or wait a couple years where both the hardware and games will be lower than its original price at launch.