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Media & Entertainment

Sony to launch PS5 for $499, teeing up fight with Microsoft

New console to debut on Nov 12 as coronavirus drives demand for home gaming

Sony has prepared a strong lineup of game titles for its PS5 console launch, including Marvel's Spider-Man: Miles Morales. (Photo courtesy of Sony)

TOKYO -- Sony will debut its next-generation gaming console PlayStation 5 on Nov. 12 for $499, the company said Thursday, setting up a head-to-head battle with Microsoft and its latest version of the Xbox.

The PS5 console will go on sale starting Nov. 12 for countries including Japan and the U.S. with the rest of the world starting on Nov. 19, the gaming giant revealed during an online presentation.

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