PS5 Coming at the End of 2020 According to Analyst: High-Spec Hardware for Under $500

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DakonBlackblade said:
I doubt they won't have a cheaper SKU, at that price all MS needs to do is launch cheaper and win the war. Price is super important.

It's not that simple anymore with BC coming into play (if rumors are true). People wont be so quick to abandon Sony if they know they'll also have to leave all their games. It was easy this gen because neither offered BC so no matter what you were leaving your library of games behind.