PlayStation 5 To Be Released in 2020; What To Expect With Sony’s Latest Game Console?

PlayStation 5 To Be Released Late 2020 At A Premium Price
PlayStation 5 To Be Released Late 2020 At A Premium Price (Photo: Facebook/Play Station)

PlayStation 5's date of release remains a question to most Sony game console followers. With the PlayStation 4 sales slowly dropping, rumors began to spread rapidly that the next PlayStation release is at hand.

Gamerant hints that Hideki Yasuda, an Ace Research Institute Analyst recently released an analysis report containing the predictions he has for the PlayStation 5 release date, selling price and more. The report comes after reports from various analysts surfaced over the internet giving their own speculations, and predictions on what to expect with the PlayStation 4 successor.

On his analysis report, Yasuda predicted that PlayStation 5 will be a premium game console from Sony and will be priced at $499. With the required technology boost to give worth to the wait for the latest console, Yasuda speculates that PS5 will sell higher than its predecessor the PlayStation 4 which sold at $399.

PlayStation 4 was released in 2013 and made its way to a huge success with its impressive capacity to run AAA games. With the kind of performance that PS4 showcased, Yasuda predicts that Sony will make PlayStation 5 with robust first-party exclusive launch lineup to make it similar if not better than its predecessor.

Yasuda also speculates that Sony could reduce the $499 predicted PlayStation 5 selling price to at least match the $399 PlayStation 4. However, doing so would cost the company hit revenue considering that they have to stay ahead in the next console generation, the gamer expectation matching step that they have to take.

PlayStation 4 sales surprisingly fell by roughly one million making an 8% drop on Sony's stock. Analysts now believe that the unexpected sales drop with PS4 could mean that PlayStation 5 is ready to come out soon.

There are still no words on the exact PlayStation 5 date of release. Reports from multiple analysts previously said that the PlayStation 4 successor will be out in the market by 2019 which apparently did not materialize. Now analysts including Yasuda are agreeing that PS5 will rock the gaming world by the end of 2020.

Amir Anvarzadeh, an Asymmetric Advisors analyst said in a statement released through the Bloomberg that there is more downside as they believe slowing growth in its games division signals a very likely PS5 launch for next fiscal year and the ensuing costs that come with the launch of a new platform.

With the anticipation for the PlayStation 5 release getting more intense, fans began to speculate that the PS5 will feature some impressive games such as "Ghosts of Tsushima" and "Death Stranding." The said titles including The Last of Us Part 2 skipped the PlayStation 4 release and followers are expecting to see them as Sony's latest game console launches next year.

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