There is a mad rush as Sony has lied. They said they wouldn't have a surprise pre-order announcement... but they did. After their big show today, they said pre-orders would start immediately in North America.
PS5 starts at $499 and $399 for the Digital Edition.
Also... no cross-gen play? Apparently several of the new PS5 games will play on PS4? It's very confusing and today was nothing but confusion by most people.
Pricing for games was not supposed to go up... but now Sony says new games will cost $69. That is $10 bucks more than the current games.
A very bad day for Sony and lots of lying and misinformation.
System officially released November 12, 2020, same week as the Xbox. Xbox released on Tuesday and Sony released on Thursday of that week.