My thoughts on the pricing are like, if they can produce PS5's for less than $500, why would they sell it for less than $500? If they can make a profit on the hardware, without pricing the system $600, why wouldn't they? While also taking into the consideration the perception that a console cheaper than the Xbox Series X must mean that it's a less powerful console than the Series X? At the end of the day, Sony is a business that wants to make money, and it'd look real nice for their investors if they weren't selling the console at a loss. I think Sony knows that people will pay $499 for a PS5, and since Microsoft through that number out there first, and it wasn't met with insane backlash, that they're more confident in coming out with a $499 price tag themselves, especially coupled with the fact that they have a strong lineup of games that have been getting a lot of positive buzz, whereas, despite MS coming out with a $499 box, and not having an announced lineup that is generating nearly as much buzz, while also still maintaining good faith in Xbox gamers. Like, the Series S and Series X are going to do really well, and I imagine that gives Sony confidence in the prospects of the PS5 doing well at a $399/$499 price point.
I mean, it doesn't matter to me, as I'm not an investor, but I'm also trying to keep my expectations in check for the cost of the console. I'd rather go into Wednesday thinking it's going to cost me $499, and be pleasantly surprised if it's actually $449, than go into Wednesday expecting a $449 price tag, and being disappointed by a $499 price tag. It's just my own personal way of managing my expectations. At that point, the only thing that could possibly disappoint me about the event is if the console was $599, which, I can't possibly see being the case.