Get ready for the next shortage: Sony’s upcoming PlayStation 5 output will be significantly lower than that of the PlayStation 4 when it launched in 2013.

News of the low initial availability comes from a Bloomberg report, which said the lower production figures are due to the cost of parts, not the coronavirus, officially known as COVID-19, as many might expect. Sony told its partners it plans to produce between 5 million and 6 million PS5 consoles in the first few months compared to the more than 7.5 million units of the PS4 that sold in a similar time frame post-launch.

The PS5 will reportedly cost between $500 and $550 at launch, slightly higher than expected. The current-generation console, the PlayStation 4, sold for $400 at launch, and the older PlayStation 3 went for $500 — a price point blamed on the console’s failure to draw in gamers at first.
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