Will they still be able to fulfil demand customer demands?
A report from Bloomberg states that Sony is planning to produce far fewer units of the PlayStation 5 in its first year than its predecessor.
The mentioned reasons are the current COVID-19 pandemic as well as the customer demands for the upcoming console, which will result in a higher price at launch. Sony agreed with assembly partners that they would make between 5 to 6 million units in its first fiscal year, which ends March 2021. When PlayStation 4 was released in November 2013, they sold 7.5 million in 6 months. That's a significant amount less planned units for the PlayStation 5.
A delay seems unlikely; as long as Microsoft isn't pushing back the release of the upcoming Xbox Series X, Sony won't delay its console either. Some analysts claim that the contest for attention between the two companies might force both to sell their upcoming console at a loss.
I think both the PS5 and Xbox Series X may end up at US$450 even though they would lose money at that price.
Damian Thong, an analyst at Macquarie Capital.
No official price has been released yet at this point, although the $450 - $500 seems to return quite often. As for the recent reveal of the PlayStation 5's DualSense controller, insiders say it was a rushed reveal to make sure it wouldn't end up being leaked, as the controller has been shared with outside developers.
No release date has been shared for either of the upcoming consoles other than the holiday season 2020. We hope to see more details appear soon.