PS5 Price, Release Date and Preoder

PS5 Price, Release Date and Preoder, Sony on Wednesday announced that the PlayStation 5 will start at $399.99 and goes on sale Nov. 12 in the U.S. The Sony PS5 will compete directly with Microsoft’s Xbox Series X and Series S game consoles.

The PS5 Digital Edition, which does not have a disc drive, will cost $399.99. The “regular” version of the console will cost $499.99.

Microsoft announced earlier this month that the Xbox Series X and Xbox Series S will go on sale Nov. 10 for $499 and $299, respectively. The Microsoft Series X is slightly more powerful than the Series S and includes a disc drive for installing games while the Xbox Series S is smaller and will need to download games from the internet. Microsoft’s system comes with an eight-core AMD Zen 2 processor — like the PS5 — but will have a better graphics card than Sony’s rival machine.

Sony is using a strategy similar to Microsoft’s. It will release both a regular PS5 with a disc drive and a PS5 Digital Edition that can only download and stream games.

Microsoft will offer a financing plan that allows customers to pay for either console over 24 months.The Xbox Series S costs $24.99 per month on that plan while the Xbox Series X will cost $34.99 per month. The plan includes access to a library of games users can download and play.

Sony said the PS5 will launch in the U.S., Canada, Japan, Mexico, Australia, New Zealand and South Korea on Nov. 12 and the “rest of the world” on Nov. 19. Sony said the “launch date for China is still under exploration and will be announced at a later date.”

Sony ended its presentation Wednesday with the long-awaited price and release date for the PS5 — but stopped short of telling gamers when and where to buy one, until a tweet seemed to make things clearer: preorders would begin tomorrow on September 17th. Or so it seemed for an hour or two. Now, it’s become an utter mess.

Gamers across the globe raced to get their preorders in as retailers jumped the gun. Prospective customers were met with broken links, page time outs, and “out of stock” messages in the US and beyond. In the UK, for example, one Verge staffer managed to snag a PS5 Digital Edition in the three minutes the Amazon link was live and available to purchase.