Sony Interactive Entertainment president and CEO Jim Ryan said in a recent interview with The Washington Post that Sony decided the price of the two PlayStation 5 consoles “quite early this year” and always intended to sell the PlayStation 5 starting at the same price of the PlayStation 4.
“For quite some time, in the early part of Covid, that picture was far from clear,” Ryan said. “Just as the supply things was unclear, would there be any market? Would anyone be allowed to go outside? Would any shops be open? This has been a year like no other. But all of that just reinforced our resolve, and the path we determined at the start of the year was absolutely the right one.”