PlayStation 5 Updates!

To hopefully lighten the mood I like to post PS5 memes in my blogs and this PS5 duck seemed like a pretty good way of doing that. So this is officially blog #3. I cannot believe that this is already my third blog.

Anyway, as you may have heard, Sony officially announced the prices for their two new consoles. The PS5 with the disk reader is $500! This is definitely more expensive than I was expecting. My guess was $400, which is actually the price of the all digital model. So, $400 and $500 for the two new consoles. Wow, this really makes me take a step back to realize just how far technology has come. We are now getting consoles with PC specs for $400-$500 bucks. While I know this is a great price, to be honest, I still think it is pretty expensive (for a console). With how cheap the current consoles are right now, it is hard to picture myself paying $500 dollars for a new console, especially when my PS4 works just fine.

One theory I have is that Sony and Microsoft are both charging less for the consoles than what it actually costs to make them. Sounds crazy right? Why would they lose money on their consoles? Well, what Sony and Microsoft are doing is actually a very smart marketing strategy. While they lose some money making the consoles, they more than make up for it in their digital sales and subscriptions. Each digital game that they sell is $60 and all you need is an internet connection. You don’t need to go to a store and get a disk or box, all you need is internet. Ultimately, they make so much money from digital products, it more than makes up for losing some money from their physical consoles.

Anyways, in an effort to not make these blog too terribly long, I continue to be ecstatic about the next consoles coming out November 12th. While I will probably wait for the price to drop, I can’t wait for this Fall. 2020 really is a massive year for the gaming industry. There are also a ton of new games coming out which I will probably talk about in my next blog. With all that being said, let me know what you guys are most excited about regarding the new consoles? As always, take care.


P.S. In order to better express myself, I am thinking about starting a YouTube channel to talk about all of the crazy awesome gaming news. If I do, I’ll post the link in my next blog!

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