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It seems that there are more people willing to pay $500 this time compared to 2006-2013.
Heck, I seem people willing to pay aud$800 here in Australia for the PS5 (disc version)

If Sony manages to sell digital version for $399 or less and disc version for $499 or less. I can see them selling a lot of Ps5’s

120 million units shipped in 5 years? Mmm don’t think so, but it will be high numbers.