The PlayStation 5 will cost $499 for the standard version of Sony’s next-gen console and $399 for the PS5 Digital Edition — the system without an optical disc drive — when it launches Nov. 12, Sony Interactive Entertainment announced Wednesday during its PlayStation 5 Showcase livestream. From a report: The Nov. 12 release date is for the consoles’ launches in the U.S., Canada, Mexico, Australia, New Zealand, and South Korea. They’ll become available on Nov. 19 for the rest of the world, Sony said. Sony’s PS5 price announcement follows similar news from Microsoft, which announced the release date of its $499 Xbox Series X and $299 Xbox Series S earlier in September.

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