So recently we got statement from SONY that they are willing to focus on hardcore gaming, it means PS5 will be targeted for gamers that concern about graphic, specifict games and specs. From this statement alone it's guaranteed PS5 spec will be far more expensive compared to PS4 spec originally when it was released in 2013. And what make it worse the price of 7nm chip is still very expensive that they are purposely delayed and trying to wait for the chip to be mature , well optimize and waiting for the price to down a little bit.
Meanwhile, here's one strong reason why you need to wait until 2020 for your next-gen PlayStation and Xbox consoles... cutting-edge process tech isn't cheap. pic.twitter.com/zz2BxHoWDO— Digital Foundry (@digitalfoundry) July 17, 2019
On top of that we just got news on how Sony warn their customer that they will increase their hardware price for PS5/future hardware, thanks to US tarif. https://www.tweaktown.com/news/66827/sony-raise-ps5-cost-thanks-tariffs/index.html
Also the price of RAM probably will increase thanks to Japan and South Koreans dispute and how japan decrease their export of type of chemical and material that used by South koreans to make RAM and silicon.https://www.cnbc.com/2019/08/01/japan-south-korea-dispute-memory-chip-prices-could-rise.html
After that you also need to count for price inflation in US. For information and comparison, if we use PS4 price from 2013 (399 USD )and calculate into today price 399 USD is equal to 438 USD. (courtesy of https://www.usinflationcalculator.com/)
so in short:
1.PS5 are aimed for hardcore gamers that concern about specs/ graphic
2.PS5 Navi and Zen 3 7nm chip is very expensive and the inclusion of SSD and hardware raytracing even make PS5 is more premium.
3.Japan and South Korea disputes making RAM/ chip price increase.
4. US tariffs for product that made in China
From all this data i gathered i made conclusion that PS5 price or even Scarlet probably going to be price around 499 - 549 USD. It looks expensive, but if you compared to today price inflation that price is still considered cheap (599 USD PS3 if we use inflation calculator is around 740 USD in 2020 )
That's why Switch price 299 USD is look fine and normal for me, I believe if nintendo releasing Switch pro it will have 399 USD price range. So having PS5 price around 499 USD is pretty normal for today standard.
I believe not only console price that will increase but the price of GPU, CPU, RAM etc for PC. Mobile phones , TV and other electronic gadget will increase on wards.
So what do you think , are u guys ready for this price , are you willing to pay?