PS5 or Xbox Scarlet will probably price around 499 to 549 USD

[DonFerrari]

EricHiggin said:

Chrkeller said:

To be fair I was typing quick as I was leaving work.  I meant $399 as my prediction.  Not $350, but that was my mistake, hence it is on me.  And I will have to disagree.  People were quite shocked with the ps4 being $399, most thought it was going to be $499.  Either way, this is all speculation.  I stand by my stance.  Time will tell who is right and who is wrong.  I feel perfectly safe with my predication of $399.  

Again, when the ps3 launched, online was free.  Sony now has the luxury of offsetting console loss with PSN+ money.

Pricing higher than $499 at launch is going to cause more problems than adding some cost to existing and new services or features next gen. Spreading out the console losses through PS Plus and other means in small increments won't be unexpected next gen so it would be easy to hide. 

Yep if OP said he expect the console to cost 599 or even 699 USD then we could believe, but price above 499 will be very hard to happen. They rather lose money on launch on a strong hw with cuts in cost happening with scale and games+PSN covering loses for the first year or two than they launching at OP price.