Xbox Series X and PlayStation 5 (09/30/2020)

Just in time for the holidays, Sony and Microsoft have unveiled the dates for the releases of their new Next-Gen Gaming Consoles. Sony plans to releases their PlayStation 5 sometime in November shortly following the release of Microsoft’s Xbox Series X. The releases are as follows: Xbox Series X will be released on November 10th, 2020. PlayStation 5 will be released on November 12th, 2020. As always, two of the biggest companies in the world are in competition once again. Sony’s release date being just two days after Microsoft’s is apparent that they are attempting to capitalize off an opportunistic situation.

For the past couple of months, Microsoft and Sony have been promoting the specifications and upgrades of the new versions of their gaming consoles. Fans off both gaming consoles’ previous editions want to know what is different about these new installments. Things such as memory, console prices, and game prices are just a few of the topics that fans are interested in the most. “$34.99/mo. XBOX ALL ACCESS: $34.99/mo. with no upfront cost and 0% APR for 24 months^. Includes: Xbox Series X console with 24 months of Xbox Game Pass Ultimate. $499.99 STANDALONE: Pay the full amount when buying from your preferred Xbox retailer. Includes: Xbox Series X console” (xbox.com). Microsoft is offering their Xbox Series X on a payment plan starting at $34.99 per month for two years. They are also keeping the option of consumers being able to pay upfront for the console to own it at a price of $499.99. With an astonishing price being close to $500, Xbox fans are in for a world of surprises with this new console and well as fans themselves expecting more to be offered with this console than just the price. Sony is taking a slightly different approach with the launch of their console this year. They are releasing two versions of the console. “Backwards compatibility: Play a back catalog of PS4™ games on your PS5 console. Game boost: Enjoy faster and smoother frame rates in select PS4 and PS VR games. PS5 Digital Edition is an all-digital version of the PS5 console with no disc drive. Sign into your account for PlayStation Network and go to PlayStation®Store to buy and download games. 3 Upgrade PS4 games to digital PS5 games: The PS5 console gives game publishers the ability to let players upgrade their disc and digital PS4 games to digital PS5 games. PlayStation®VR integration: Connect your PlayStation VR to your PS5 console to enjoy supported PS VR games. To set up your PS VR with your PS5 console you’ll need your PlayStation Camera2 for PS4 and a PlayStation Camera adaptor (no purchase necessary). More details on how to claim an adaptor will be shared on PlayStation.com when available” (playstation.com). This launch of two versions of the PS5 is unprecedented. Consumers now have the option to buy the PS5 console and the disc version of PS5 games or buy the Digital-Only version of the PS5 and purchase the games through the PlayStation network on the console. Neither Microsoft or Sony have done this before with a launch of two versions of their consoles. Microsoft’s Xbox Series X is launching with the capabilities of taking disc games and allowing players to purchase games via their online Microsoft Store on the console. Sony’s two version release does not only create competition for Microsoft, but it will generate them more profit as well. It will indeed be interesting how both consoles stack up against each other in sales and profit.

References-

www.xbox.com

www.playstation.com

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