Technology

Sony executive reveals pointers on PlayStation 5’s pricing

Jim Ryan, who is Sony Interactive Entertainment’s president and CEO, did give few hints about what
one could expect as far as PS5 (PlayStation 5) pricing is concerned.

Sony has not been too keen to drop hints about the design of its console as well as about its pricing.
However, in a recent interview, Jim Ryan, who is Sony Interactive Entertainment’s president and
CEO, did give few hints about what one could expect as far as PS5 (PlayStation 5) pricing is
concerned.

Ryan also mentioned that current economic situations has had a bearing on the price. “Recent
history has told us that gaming is one of the pastimes, and one of the businesses, that benefits in
economically difficult times,”he said. “It’s quite logical, people don’t have the money to go out so they stay at home. Now, who knows how this recession is going to look, how deep it will be and how long it will last. It could be that the historic templates, the historic models, that have applied in the
past may not apply in the future,” he told Gamesindustry.biz website.

He also added that despite the ongoing crisis, Sony will strive to deliver a value proposition to
customers with PS5. “I think the best way that we can address this is by providing the best possible
value proposition that we can. I don’t necessarily mean lowest price. Value is a combination of many
things. In our area it means games, it means number of games, depth of games, breadth of games,
quality of games, price of games… all of these things and how they avail themselves of the feature
set of the platform.”

Despite these revelations, we are not yet convinced about the price of the console and it will only be
revealed later this year, probably when the PS5 console is revealed before the world.

As things stand right now, Sony will hold a PS5 event on June 5 where the first few set of games
which will be coming to the console will be revealed.

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