Amidst the current pandemic situation, we had a fair idea of the industries that are likely to thrive economically and maybe even see a spike in sales. Of course, gaming is one such leading industry among them. Sony has seen an upsurge in its sales numbers, even during the pandemic. Following the huge success of The Last of Us 2, this is hardly a surprise. Their sales have crossed the estimates they had for this quarter. With the upcoming PS5, the company should be expecting even larger turnovers, as video games are something holding people at home (in most cases). Further reading: Sony Announces Next PlayStation Event For August [https://www.essentiallysports.com/esports-news-sony-announces-next-playstation-event-for-august/] Yesterday, Sony announced on the PlayStation blog [https://blog.playstation.com/2020/08/03/state-of-play-returns-this-thursday-august-6/] that the upcoming State of Play event is set to be this Thursday, the 6th of August. However, they have also mentioned that this event will not be bearing any news about the PS5, but will focus on upcoming PS5 and PS VR titles. EXPECT FURTHER PS5 ANNOUNCEMENTS LATER THIS MONTH, INSIDE NEWS SUGGEST Like we said before, TLoU2 was a highlight in Sony’s sales figures this year. With the upcoming console, the company expects huge sales by the end of this year. Although the upcoming State of Play event will not be talking about PS5, Bloomberg [https://www.bloomberg.com/news/articles/2020-08-04/sony-beats-profit-estimates-plans-100-billion-yen-buyback] reports that the next PS5 announcement is tentatively scheduled to be later this month. As you might know, Sony will be releasing two variants of the PS5: one with a Blu-Ray disk drive, and an all-digital variant. The company believes that the PS5 will be ready to play as soon as it hits the markets due to its backward compatibility. This means if one cannot afford to buy the PS5 exclusive games after buying the console, they will still be able to enjoy playing their PS4 games on it. As for the prices, a Macquarie Capital analyst, Damian Thong, says that he expects the standard PS5 price to be $500 and the digital to be $400, as reported by Bloomberg. Furthermore, he adds that there will be a bit of a battle royale for the first batch of the consoles. We believe that having two variants at differing prices might help the affordability factor. However, there is no official statement about the price from Sony. Hopefully, there will be one in the next PS5 announcement. Source: Bloomberg [https://www.bloomberg.com/news/articles/2020-08-04/sony-beats-profit-estimates-plans-100-billion-yen-buyback] 

A PlayStation official (name withheld) has confirmed that further PS5
announcements will be released later this month after the State of Play event.

Samyarup Chowdhury is an eSports author at EssentiallySports since June 2020. An
avid gamer since his childhood, Samyarup has played many titles such as GTA Vice
City, IGI, and FIFA, among others. Currently, he is a rather defensive fan of
Valorant and the Assassin's Creed franchise. He is currently pursuing his
Master's degree from Calcutta University. A student of English Literature, he
combines his grasp over the language with his immense love for online gaming in
his articles.

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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.

Sony Set to Make New PS5 Announcement in August

Expect further PS5 announcements later this month, inside news suggest