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DonFerrari said:
EpicRandy said:

I think 599 is possible only if Sony use the same pricing.
Spec/cost wise it makes more sense at 599 but if the ps5 goes for 499 I bet Microsoft are willing to subside to match that price.
Sony are probably in the exact same situation which is probably why both of them still did not reveal pricing.

Yep, both want to announce the highest possible price that is cheaper than the competitor so both are delaying the announcement.

At this point I think it is more a battle over not being more expensive rather than a battle to be cheaper.

Microsoft probably does not want to take a loss and Sony probably want to cash in on it's brand recognition.

Funnily enough, if they old back price announcement longer still, they might both end up pricing their console at $499 over fear that the competition would be cheaper while both would actualy have wanted a $599 price tag.