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The PlayStation 5 will be $499, with a "digital edition" priced at $399. They will launch Nov. 12 in the U.S.
To compare, the Xbox Series X and Series S will be $499 and $299, respectively, with preorders starting Sept. 22 for a Nov. 10 launch.
Karyne Levy ( @karynelevy) is the West Coast editor at Protocol. Before joining Protocol, Karyne was a senior producer at Scribd, helping to create the original content program. Prior to that she was an assigning editor at NerdWallet, a senior tech editor at Business Insider, and the assistant managing editor at CNET, where she also hosted Rumor Has It for CNET TV. She lives outside San Francisco with her wife, son and lots of pets.