PlayStation 5 reveal event happening on June 4th?

PlayStation 5 reveal event happening on June 4th? *Edited: It's confirmed!

31/5/2020

Sony unveiled its next-gen controller for PlayStation 5 earlier this year. And since then, we heard little to none regarding what’s happening next for PlayStation 5 until earlier this week, where Epic Games revealed brand-new footage of Unreal Engine 5 tech demo running on a PlayStation 5 system.

* Edited on 12 June

The next glimpse they give, it seems, will be of the first games coming to the console. This morning Sony announced that they’ll be hosting a live-streamed event on June 4th at 1pm Pacific.

According to Jeff Grubb of VentureBeat, the next big PlayStation 5 event from Sony where they’ll reveal the console itself will be held on June 4, 2020. It’s probably true since June is a really hot month for video games and next-gen. “It’s hard to nail down details because things are still in flux. But June 4 is a hefty next-gen showcase. August should be like previous States of Play (but now with PS5 games!),” Grubb said in his tweet.

This year’s console battle is very interesting. Sony and Microsoft will certainly update their console product line. According to the latest media reports, Sony executives stated in a recent earnings conference call that the company is yet to decide on the price of the new PlayStation 5. However, it is currently making difficult choices because the cost of production is increasing as the performance increases. According to Sony, to sell for USD$399 is no longer realistic. This gives us the hint that the PlayStation 5 will certainly sell above USD$400 / around SGD$570.

According to previous reports, the manufacturing cost of the Sony PS5 is already at USD$450 / around SGD$640. If we include the cost of promotion, research, and development, the total cost is approaching USD$500 / around SGD$710. Therefore, the possibility of selling the PS5 for USD$400 / around SGD$570 is absolutely low.

That’s not the first time we heard an early-June rumor from an industry insider. Jason Schreier of Bloomberg News, also commented on this saying, “We’re in an atmosphere right now with COVID where nothing is definitive until two days before, and I think that both Sony and Microsoft are just been changing their plans constantly. But as of right now, as far as I know, Sony is still on track to do at least one thing by early-June or by mid-June.”

Apart from that, Sony also revealed 18 minutes of new gameplay of Sucker Punch’s Ghost of Tsushima, coming to PS4 later this year in July. Are you excited about what’s to come regarding PlayStation 5 and Xbox Series X? Let us know in the comments!

PlayStation 4 was officially released on November 15, 2013, in the United States and Canada. PlayStation 5 release date is expected in the holidays 2020. Can't wait to know more about Sony new gaming console, especially at a time where most are staying at home now, the console will definitely be a hot favourite among gamers worldwide.