I think sony goes for market share. i remember some of the executives all saying they prefer the large market share than being outsold. So i think they target $399 again.....

$499.99 will be perfect for PS5.

People are way out of reality if they think a $399.99 PS5 in 2019 is going to have any worthwhile gains over PS4 Pro and especially XBO X.

Best thing Sony could have happen is a $499.99 PS5, built with ZEN 3 and Next Gen on 7nm+ fabrication in late 2020. 32GB of RAM, and a 1TB NVMe SSD would be a perfect. Allow users to upgrade the NVMe card and run external SSD via USB3.1 Gen 2. That will deliver a full generational leap in resolution, graphics, physics, and animation, and be well worth the $499.99 price tag.

They'll be okay as long as the competition is also similarly priced

I hope they make it more expensive personally, we don't want a jaguar potato 30fps generation part 2. Ofcource it will have Ryzen cuz prices have dropped down but if they spent an extra 100 on more RAM that will make the next 5 years so much better, they could also choose to take a bigger loss/hit and sell it at 400 but for the love of god make it powerful.

They can and it would work as long as it's gaming focused again.

If XB drops last gen and delivers a $300 console that's worth $300, PS can drop the price to $400 if they feel they are losing sales. I don't see this happening unless we're talking 2021, because XB1X owners won't be impressed enough by a $300 'XB2' in 2019/2020.
If XB sells a $400 console for $400, PS5 should still be fine being more capable to match it's price. PS can always drop the price to $450 or $400, but most likely XB would follow suit as well so $100 gap remains.
If XB sells a $500 console for $500, PS5 will be just fine. Why jump from PS to XB if both consoles are practically the same? If XB sells it for $400, PS will most likely follow suit, or won't be far off.
If XB sells a $600 console for $600, PS5 will be just fine. If XB sells it for $500, then PS5 will have to drop to $450 or $400.

I still think a base PS5 and PS5 Pro at launch is the best idea. Have the base at $350-$400 and the Pro at $500-$600. Make sure both consoles have the hardware to back up the price. The base gets you 50% 4k/60 and 50% checkerboarding, and Pro gets you 95% native 4k/60 and 5% checkerboarding. This way if XB only launches just one console around the same time, they would be in trouble no matter what price bracket it fits in.
If XB launches two models as well, it shouldn't change the sales stats from this gen much (mostly NA).
If XB sells a base and an X version at launch, for around $375 and $550, and there is only one PS5 for $500, it will leave PS in a bad spot because if they try to drop the price to compete with both, then XB is in control to drop the base, the X, or both. This is the only scenario where I see PS having a tough time next gen because a $500 PS5 probably means no Pro model coming, or a longer wait than three years.

Both Sony and microsoft will probably sell their new consoles for 449$ as max, but are likely aiming for 399$ price. These consoles need mass adoption from the start so launching at 499$ will likely result in failure.

For myself, I'm fine with 399-599$ launch price. I mostly just want faster cpu and hard drive for more stable framerate and faster loading times.

Ahh yes pc games like league of legends, dota 2, world of warcraft and overwatch are really pushing them graphics and are not shackled by a console.

Uncharted: Lost legacy and Horizon: zero dawn on my ps4 pro just can't compete, looool

@bolded: True, especially in the CPU department. It's main problems where a too small RAM (even at the standards of the time, where 512MB to 1GB where becoming standard for high-end PCs and high-end GPUs having 512MB for themselves. So in short, RAM should have been twice as big to keep up with the rest of the stats) and the GPU part only being DX9 and even then just good, not extraordinary (DX10 could have been more effective due to unified shaders and allowed somewhat better graphics - but mostly, having both PS360 on DX9 dragged PC gaming down, as all the multiplats had been on DX9 out of necessity long after that was dead on PC). Still, 2 years after release, PS360 looked pretty weak from high-end PC player perspective, especially the GPU part as that had tripled in performance in the meanwhile, and the lack of RAM has started to become very apparent.

@italic: Also true, in a way: I remember many being disappointed the PS4 and XBO not having more than just 8GB as again, High-end PCs already had more at their release. Even medium range PCs at the time where more and more getting 8GB of RAM, and the AMD Radeon R9 290X, which came out in October2013, so one month before the current gen consoles, had a 8GB version (though that one only came out a couple of months after the console's releases, but still).

Sony's position isn't actually that great in most cases:

-CPU/GPU? Only AMD can make a competitive all-in-one package, and with Ryzen and Epyc being pretty successful, they don't need the money nearly as badly as they did with the current gen consoles

-RAM? Sony is actually small fry here, as the  graphics card manufacturers and leading smartphone producers are buying so much more of it than Sony ever can for the Playstation, and that would still be true if we include their smartphone business as it's relatively small compared to giants like Samsung or Apple who buy about as much RAM as the PS4 needs in a year on a daily basis.

-Hard drives? There they have a pretty good position, but that's because by the time they reach a capacity the PC market already is moving on past that capacity. If they would come with bigger capacity or even SSD then that advantage is mostly gone, too.

-As for the rest, Sony may have a good dealing position here but that doesn't matter too much anymore as what's left doesn't account for much of the price anymore.

Depending on the competition, up to $500 sounds plausible, but it could be risky. $400 sounds like a safe spot.

You obviously didn’t understand what I was talking about. Trump style for sure.