By James Pero For Dailymail.com
Published: 16:56 GMT, 14 February 2020 | Updated: 16:56 GMT, 14 February 2020
Sony's next home console may be set for a significant price increase over its best-selling predecessor.
According to a report from Bloomberg which cites sources familiar with the matter, the PlayStation 5's use of in-demand flash memory components may increase the cost of manufacturing to $450, meaning the console will likely retail for at least $470.
As noted by Bloomberg, the PlayStation 4 - Sony's current iteration of game console - first retailed for $399 and reportedly costs the company about $380 to manufacture.
Sony may have a lot planned for its next-generation console, but the price will be difficult to balance given high power processors and more expensive flash memory
Just how high Sony will be able to push its price for the PlayStation 5 will be