PS5 Price And Release Date Confirmed

During the PlayStation 5 reveal event and subsequent streams, Sony remained tight-lipped regarding the pricing or release date of Sony's next-gen system. But as part of the latest PS5 showcase, which aired today, that information was finally revealed. As announced near the very end of the presentation, the PS5 will cost $500 / €500 / $750 AUD for the Standard Edition and $400 / €400 / $600 AUD for the Digital Edition. It will release on November 12.

According to the PlayStation Blog, November 12 will be the release date across several markets: the US, Japan, Canada, Mexico, Australia, New Zealand and South Korea. November 19, the console will release across the rest of the world, including Europe, the Middle East, South America, Asia and South Africa.

The release details were the culmination of a presentation that included trailers and new game announcements including Final Fantasy 16 and a new God of War. We also got fresh looks at Spider-Man: Miles Morales (which is also coming to PS4), the remake of Demon's Souls, and more.

Pre-orders for the console opened up unexpectedly shortly after the presentation. For the most up-to-date information on where you can reserve a console, consult our PS5 pre-order guide.

Microsoft recently detailed the price for Xbox Series X of $500 and a November 10 release date. On that same day, Xbox Series S will launch for $300. Xbox preorders go live on September 22. Sony previously indicated it's more concerned with PS5's value, rather than the price alone, although the Series S price potentially put pressure on Sony.

For information on where you can buy a system, consult our PS5 preorder guide.