The PlayStation 5 launch is near and we may soon hear of a launch date and price for the same. We would’ve gotten it earlier thanks to an insider tip by Roberto Serrano but that never happened. While the world is still fighting the coronavirus and struggling to get back to normalcy, Sony is looking to boost the PS5 production up to 10 million units to meet the holiday season demand. The price and launch date are yet to be announced for Sony’s next-gen console but sources reveal we could be looking at a release date close to Holiday 2020. The current pandemic has affected almost every industry in the world. Surprisingly, the gaming industry has done well and seen a boom in recent years and is expected to cross over $200 billion in revenue by 2023. PLAYSTATION 5 PRODUCTION UPDATES As Bloomberg [https://www.bloomberg.com/news/articles/2020-07-15/sony-boosting-playstation-5-output-to-meet-virus-demand-surge] reports, Sony has informed its suppliers and assembly partners to radically increase the production for the PS5. All this even though there may be obvious logistical issues due to the pandemic situation. Sony believes the fear of the second wave of coronavirus will stir even more demand for the console. However, even with a boost in production, Sony may not be able to deliver the required units, on time, during the holiday season. Most of their consoles are made in China and shipped via ocean lines to the US and Europe. Such shipments could take months to arrive. This is exactly why Nintendo could not fulfill the demand for its Switch console. Sony could try using airlines to deliver the consoles but with their frequency reduced, the issues will persist. That being said, there is still no word on the official price for the PS5. This is one of the most important factors in the console wars. The right price gives you an upper hand and will definitely invite more sales. Rumors suggest that the price will be somewhere between $499 and $599. Plus, it will also depend on when rivals Xbox Series X will reveal its price. The console will probably be priced higher than its predecessor. There are even talks of game manufacturers increasing the prices of their upcoming titles for PS5. You can read about it here [https://www.essentiallysports.com/playstation-5-and-xbox-series-x-game-prices-likely-to-increase-nba-2k21-esports-news/]. For now, we wait for the official announcement for pre-orders and price for the PlayStation 5. Stay tuned for more updates. 

Sony is making constant efforts to boost the procution of it's next-gen console
PlayStation 5 to meet holiday-season demand

Akshay Patel is the Group Head of the eSports division at EssentiallySports.
After having obtained his BBA degree, Akshay has been in the field of social
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been hooked on gaming ever since. Eventually, he found solace in writing about
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PlayStation 5: Sony Plans to Increase Production To Meet Demand

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<img class="aligncenter size-large wp-image-407358" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20201011210352/ezgif-3-0f29bd575462-560x315.jpg" alt="" width="560" height="315" />

The PlayStation 5 is Sony's next-gen console. It is Sony's most powerful console to date, which packs immense computing and graphical power. It is also a huge leap forward from the PlayStation 4 that was launched in 2013.

The console is available in two different versions.
<ol>
 	<li>PlayStation 5 Dics+Digital</li>
 	<li>PlayStation 5 Digital Only</li>
</ol>
Both the versions have the same specifications, but a slightly different price point.
<h2>PlayStation 5 Price</h2>
Sony announced the price of the console at the PlayStation Showcase event held in September 2020. Take a look at the prices of both the versions of PlayStation 5 below:
<ol>
 	<li>PlayStation 5 Disc + Digital Price: $499, £449, €499</li>
 	<li>PlayStation 5 Digital Only Price: $399, £359, €399</li>
</ol>
<h2>PlayStation 5 Specifications</h2>
<table>
<tbody>
<tr>
<td rowspan="3" width="104">CPU</td>
<td width="497">x86-64-AMD Ryzen™ “Zen 2”</td>
</tr>
<tr>
<td width="497">8 Cores / 16 Threads</td>
</tr>
<tr>
<td width="497">Variable frequency, up to 3.5 GHz</td>
</tr>
<tr>
<td rowspan="3" width="104">GPU</td>
<td width="497">AMD Radeon™ RDNA 2-based graphics engine</td>
</tr>
<tr>
<td width="497">Ray Tracing Acceleration</td>
</tr>
<tr>
<td width="497">Variable frequency, up to 2.23 GHz (10.3 TFLOPS)</td>
</tr>
<tr>
<td rowspan="2" width="104">System Memory</td>
<td width="497">GDDR6 16GB</td>
</tr>
<tr>
<td width="497">448GB/s Bandwidth</td>
</tr>
<tr>
<td rowspan="2" width="104">SSD</td>
<td width="497">825GB</td>
</tr>
<tr>
<td width="497">5.5GB/s Read Bandwidth (Raw)</td>
</tr>
<tr>
<td width="104">PS5 Game Disc</td>
<td width="497">Ultra HD Blu-ray™, up to 100GB/disc</td>
</tr>
<tr>
<td width="104">Video Out</td>
<td width="497">Support of 4K 120Hz TVs, 8K TVs, VRR (specified by HDMI ver.2.1)</td>
</tr>
<tr>
<td width="104">Audio</td>
<td width="497">“Tempest” 3D AudioTech</td>
</tr>
</tbody>
</table>
The PS5 has a really powerful SSD that sets it apart from the Xbox Series X. With the help of this lightning-fast SSD, the games on the PS5 will have virtually no load times at all. This will deliver a great next-gen experience to gamers.
<h2>PlayStation 5 Expandable Storage</h2>
The next-gen console comes with an expandable storage option. This allows the players to have additional storage apart from the stock NVMe SSD. The expandable storage slot allows users to have an additional NVMe drive, which will increase the overall storage of the console.

As of now, there is no known list of compatible drives with the PS5. More information will be available closer to the launch date.
<h2>PlayStation 5 Backwards Compatibility</h2>
When the PS5 launches this November, more than 99 percent of the 4000+ games available on PS4 will be playable on PS5.
<p class=""><strong>PS5 Digital Edition</strong></p>

<ul>
 	<li>You will be able to play digital versions of your compatible PS4 games on the PS5 Digital edition console. These will be compatible PS4 digital games you have already purchased or plan to purchase, via PlayStation Store on PS4, PS5, web, or PlayStation mobile app.</li>
 	<li>Since there is no disc drive, you won’t be able to play your PS4 disc-based games on the PS5 Digital Edition.</li>
</ul>
<p class=""><strong>PS5 with Ultra HD Blu-ray disc drive</strong></p>

<ul>
 	<li>You can play digital versions of your compatible PS4 games you downloaded from the PlayStation Store on PS4, PS5, web, or PlayStation mobile app.</li>
 	<li>You can also use physical PS4 game discs.</li>
</ul>
Additionally, games that are only playable on PS4 will be noted on PlayStation Store as playable on “PS4 only."
<h2>PlayStation 5 Release Date</h2>
The release date for PS5 is different for different countries around the world. It will launch in the USA, Japan, Canada, Mexico, Australia, New Zealand, and South Korea on November 12.

The rest of the world will get the console on November 19.

PlayStation 5

The PlayStation 5 is Sony&#8217;s next-gen console. It is Sony&#8217;s most powerful console to date, which packs immense computing and graphical power. It is also a huge leap forward from the PlayStation 4 that was launched in 2013. The console is available in two different versions. PlayStation 5 Dics+Digital PlayStation 5 Digital Only Both the versions have the same specifications, but a slightly different price point. PlayStation 5 Price Sony announced the price of the console at the PlayStation Showcase event held in September 2020. Take a look at the prices of both the versions of PlayStation 5 below: PlayStation 5 Disc + Digital Price: $499, £449, €499 PlayStation 5 Digital Only Price: $399, £359, €399 PlayStation 5 Specifications  CPU x86-64-AMD Ryzen™ “Zen 2”  8 Cores / 16 Threads  Variable frequency, up to 3.5 GHz  GPU AMD Radeon™ RDNA 2-based graphics engine  Ray Tracing Acceleration  Variable frequency, up to 2.23 GHz (10.3 TFLOPS)  System Memory GDDR6 16GB  448GB/s Bandwidth  SSD 825GB  5.5GB/s Read Bandwidth (Raw)  PS5 Game Disc Ultra HD Blu-ray™, up to 100GB/disc  Video Out Support of 4K 120Hz TVs, 8K TVs, VRR (specified by HDMI ver.2.1)  Audio “Tempest” 3D AudioTech  The PS5 has a really powerful SSD that sets it apart from the Xbox Series X. With the help of this lightning-fast SSD, the games on the PS5 will have virtually no load times at all. This will deliver a great next-gen experience to gamers. PlayStation 5 Expandable Storage The next-gen console comes with an expandable storage option. This allows the players to have additional storage apart from the stock NVMe SSD. The expandable storage slot allows users to have an additional NVMe drive, which will increase the overall storage of the console. As of now, there is no known list of compatible drives with the PS5. More information will be available closer to the launch date. PlayStation 5 Backwards Compatibility When the PS5 launches this November, more than 99 percent of the 4000+ games available on PS4 will be playable on PS5. PS5 Digital Edition You will be able to play digital versions of your compatible PS4 games on the PS5 Digital edition console. These will be compatible PS4 digital games you have already purchased or plan to purchase, via PlayStation Store on PS4, PS5, web, or PlayStation mobile app. Since there is no disc drive, you won’t be able to play your PS4 disc-based games on the PS5 Digital Edition. PS5 with Ultra HD Blu-ray disc drive You can play digital versions of your compatible PS4 games you downloaded from the PlayStation Store on PS4, PS5, web, or PlayStation mobile app. You can also use physical PS4 game discs. Additionally, games that are only playable on PS4 will be noted on PlayStation Store as playable on “PS4 only.&#8221; PlayStation 5 Release Date The release date for PS5 is different for different countries around the world. It will launch in the USA, Japan, Canada, Mexico, Australia, New Zealand, and South Korea on November 12. The rest of the world will get the console on November 19.

PlayStation 5: Sony Plans to Increase Production To Meet Demand

PlayStation 5 production updates