Pre-orders for the PS5 are coming soon, and while the PS5's design, specs, and games have been revealed, pre-order options and pricing are still being kept under wraps Sony's PS5 is expected to arrive in "Holiday 2020," meaning it will be available around November

This leaves avid PlayStation fans eager to pre-order the console in the dark for a bit Jim Ryan, president of Sony Interactive Entertainment, has said that the PS5 will focus on providing value rather than the lowest price Value in this case comes in the form of next-generation technology like ultra-fast custom SSDs and exclusive games like "Horizon Forbidden West" and "Gran Turismo 7" Therefore, Sony will need to be smart about pricing the PS5

That said, we did get a glimpse of some of the upcoming games on the PS5 and what to expect from the PS5, so Sony's next-gen console may be worth the premium price, and we'll keep checking back as news about the PS5 pricing and pre-orders pop up But here are the PS5 prices we know so far

We had hoped that Sony might tell us about the PS5 price at the June 11 event, but that never happened Unofficial information so far suggests that the price will be around $500 in the US and £449 in the UK

That would put it on par with the Xbox One at launch, which compares poorly with the PS4's launch price of $400 and £350 in the UK However, the shoe seems to be on the other side, with Microsoft predicting that the Xbox Series X will be priced $100 less than the PS5

However, both consoles will have fast SSD storage, and the PS5 will have a custom SSD based on technology that even the best gaming PCs cannot yet afford This could make the price of both consoles particularly high

A leaked price on Amazon UK puts the PS5 at £599 (about $760), which is quite expensive for a dedicated gaming console However, Amazon announced that this price was a mistake and that it was a dummy price for a dummy product A few days later, Play-Asia similarly pre-ordered the PS5 for $699, but then quickly withdrew it

While these prices were probably placeholders, they instilled the feeling that the PS5 could be much more expensive than its predecessor

In addition to the PS5 itself, Sony will probably offer a digital-only version without the Blu-ray drive at a lower price

Don't expect it to be significantly cheaper, however; there is only a $50 difference between the Xbox One S All-Digital Editon and its disc drive-equipped version, so at best the PS5 digital version will be $100 cheaper than the PS5 itself

Sony president Jim Ryan told the BBC that the digital-only PS5 was not intended to offer PlayStation fans a cheaper console: "We wanted to do what we normally try to do and offer choice

As with the price, there was no indication of a pre-order start date for the PS5 And unlike the Xbox Series X, Sony's next-generation console does not even have a pre-order page; the official PS5 website allows users to receive email updates on the console, but there is still no mention of any upcoming pre-order sales

Sony expects to have fewer PS5 units available for sale at launch than it did for the PS4 However, the company believes that there will be enough units available for PlayStation fans who want to get their hands on a PS5 as soon as possible Nevertheless, the smaller number of units may mean that Sony is not so eager to start taking pre-orders so early

If we were to speculate, PS5 pre-orders could be as early as July, more likely in August or September However, some opportunistic online retailers may have placeholders for reservations a bit earlier

to gauge PS5 purchasing interest versus the Xbox Series X So far, however, indications tentatively point to a "yes"

4K TVs are now heavily featured in our picks for best TVs, and their popularity is growing Therefore, having a gaming console powerful enough to run all games in 4K naively and at a decent frame rate would be a boon for those who want to game on their new TVs

But power is only part of the PS5's repertoire Its custom SSD promises to have the ability to load games at a very fast pace and possibly switch games on the fly

It may not seem like a big deal, but avoiding tedious loading times for some games, especially challenging games like "Bloodborne" that reload multiple times, could subtly change the gaming experience On PS4 and Xbox One X, " Red Dead Redemption 2" have been found to take a long time to load large games like "Red Dead Redemption 2," and if the PS5's SSD can eliminate such loading times, it may have a fighting chance

And Sony's addition of 3D audio to the PS5 promises to provide more immersive sound for games In addition, the Dual Sense controllers are expected to offer a more tactile gaming experience, with haptic features that allow users to feel the tension of the bowstring

Combined, these features could make the PS5 a bigger step up than the step up from the PS4 to the PS3 As such, it could be a more expensive console at launch,

but this could also allow for a large amount of next-generation technology to be included

Finally, there are already many high-profile titles slated for the PS5, notably "Horizon Forbidden West," "Gran Turismo 7," and "Spider-Man: Miles Morales" Therefore, the PS5 is likely to be worth the expected price