PlayStation 5 price and release date announced

The wait is finally over as Sony has officially announced the pricing and release date for the PlayStation 5. The announcement came earlier today during the highly anticipated PlayStation 5 Showcase event.

Per the announcement, the price for PlayStation 5 will begin at $399 / £359 for the digital edition, and $499 / £449 for the full edition. Also, both consoles will arrive on November 12th in the US, Japan, Canada, Mexico, Australia, New Zealand and South Korea, and November 19th in all other territories.

Unfortunately, there was no official announcement on when preorders would begin, but shortly after the event the official PlayStation Twitter account stated that pre-orders will be available starting as early as tomorrow at select retailers — they did not clarify which retailers.

There have been recent rumors that Sony was experiencing production limitations for the upcoming console launch and as a result were forced to cut their production plans by millions of units. Considering this, along with the fact that Sony previously announced a preorder program that requires individuals to enter their PSN ID, it seems to be a strong possibility that only a limited number of units will be available at launch.

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