Sony PlayStation 5 to launch in November, priced $499 and $399

Tokyo/Stockholm: Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 (Dh1,836) and $399.99 for a version without a disk drive, as it squares off against rival Microsoft Corp’s Xbox console.

The pricing announcement sets the stage for a year-end showdown between Xbox and PlayStation, as consumers continue to flock to gaming optimised consoles offering exclusive titles.

The console will go on sale on November 12 in the United States, Japan, Canada, Mexico, Australia, New Zealand and South Korea and on November 19 in the rest of the world.