Everything We Know About PS5 Preorders So Far – IGN

There’s a Sony PS5 event coming later this week, and it seems almost certain we’re going to see some pricing and preorder details come out of it. It’s a game-focused event, showing off some of the launch games (and beyond) coming to Sony’s next-gen PlayStation, but with Xbox Series X dropping its pricing and release date details, it seems like a safe bet we’ll finally get a price and date to preorder PS5.However, Sony hasn’t said the event will officially announce the price and release date. So there’s still a chance we’ll have to wait even longer. But it seems so unlikely we’d go another week without any news on price. No matter what, it’s going to be an exciting event.

At the start of the month in PS5 news, developers shared their takes on the SSD and 3D Audio features of the upcoming console. It’s shaping up to be a very cool console, even if we still have no price or availability numbers. Sony also set up a page for PS Plus members to sign up for a chance to secure a PS5 preorder directly from Sony.

We also got news Ratchet & Clank: A Rift Apart is definitely a PS5 launch game, but during Gamescom it was confirmed to be a “launch window” game, which could mean anything.

In spite of dragging its feet on an official PS5 release date announcement, Sony reiterated the PS5 is NOT being pushed into 2021 earlier this year. So good news! We’re still getting PS5 this year. And the window keeps shrinking due to the fact we’re growing increasingly close to the end of 2020. This might be the most frustrating lead-up to next-generation console launches… ever? To be fair, 2020 has been kind of a wild ride.

If you’re just here for the console wars, you can check out our article on where to sign up for Xbox Series X preorders.

PS5 Preorder Notification Sign-Up Pages

This page is going to be our dedicated PS5 preorder link and information page once we do get that juicy info, so make sure to watch it like a hawk because the second preorders are announced, we’re going to update this page as fast as is humanly possible.

Also, while you’re here, you can get much more immediate stock updates by following IGN Deals on Twitter.

Here are the retailers with placeholder pages for PS5 in the US, but again, no preorder or pricing info. With the exception of Amazon, all the links below have sign-up forms so you can get email notifications for more info on the PS5. If you’re anything like me, you’ve entered your email address in all of them.

UK Readers

Will PS5 Be Easy to Get?

The PS5 is easily the most in-demand gaming product of 2020, and it looks like it might be a little harder to find than initially expected. A report says Sony is cutting its initial production run by 4 million units due to issues with chip production. While there will still be many millions of PS5 console available, 11 million to be exact, that’s still a significant reduction in supply.

A report earlier this year claimed Sony plans to make fewer PS5s for the console’s launch than it did for the PS4 for the same period, keeping the initial supply at around 6 million units worldwide. Later in the year, another report claimed Sony is ramping up PS5 production to 10 million units, anticipating high demand due to the global pandemic. So an 11 million unit supply run for its fiscal year is a bit more than its initial launch run. Will there be enough to go around? It’s hard to say without knowing the price yet, but if you are the prerordering type, you’re going to claim one anyway.

PS5 Price

Still waiting on price. But it’s going to happen any day now. Given Sony’s initial estimates for demand were almost certainly driven by its internal pricing estimates, I don’t think the PS5 will come cheap. At the same time, given the overwhelming response to any and all Sony PS5 news, and general online sentiment, hype for PS5 is so high it’s looking like Sony could get away with basically charging whatever it wants at this point. The consensus puts the PS5 price in the $400-$500 range, but that’s entirely speculative. Only the people working at Sony know for sure.

With the Xbox Series X revealing its $499 price tag, the ball is firmly in Sony’s court now. It would be something of a shock to see cost PS5 much more than the Xbox Series X, but again, we don’t know anything for sure. A $499 PS5 price seems like a safe estimation.

PS5 Game Prices

The good news is we know games like Far Cry 6 support free upgrades from PS4 to PS5. While it looked as though PS5 and Xbox Series X games will cost $70, more recent developments seem to point to publishers holding onto the current $59.99 price for new games, at least for the time being. However, many next-gen games are listed at $69.99 on retailer websites, so don’t be surprised if that becomes the new normal.

For a look at the first round of PS5 games, make sure to check out our guide to the PS5 launch game line-up.

Will My PS4 Controller Work on PS5?

No. Well, not at least for PS5 games. Sony confirmed the DualShock 4 won’t work for playing PS5 games, but you WILL be able to use your existing PS4 controllers to play “supported PS4 games.”

Will PS5 Be Backwards Compatible?

Yes. Well, for PS4, we know some supported games will work. It’s very confusing. In a (now removed) entry on its support page, Ubisoft said of PS5 backwards compatibility it “will be available for supported PlayStation 4 titles, but will not be possible for PlayStation 3, PlayStation 2, or PlayStation games.” So unlike Xbox, which is leaning into backwards compatibility all the way back to the original Xbox as a selling point, it looks like PS5 backwards compatibility comes with some asterisks.

Confirmed PlayStation 5 Games

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