With their official PS5 Gaming Showcase set to be unveiled next week, Sony Interactive Entertainment president and CEO Jim Ryan revealed in an interview that the PlayStation 5 Price won't be the lowest but will be based on the overall value... so it's probably wise to Get Saving if the $499 price prediction is any indication of what to expect on the cost of a next-gen console. 
To quote from Jim Ryan via GamesIndustry.biz on this latest PS5 News update:
"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."
In these trying times I'll be surprised if they set a MSRP above $499 for the PlayStation 5 base model, feel free to share your thoughts on the PS5 Forums as well.
Also making rounds on Twitter today, if anyone can translate feel free:
To quote from Jim Ryan via GamesIndustry.biz on this latest PS5 News update:
"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."
In these trying times I'll be surprised if they set a MSRP above $499 for the PlayStation 5 base model, feel free to share your thoughts on the PS5 Forums as well.
Also making rounds on Twitter today, if anyone can translate feel free:
