Price Drop to $250 for a 500 GB PS4 Model
Given the presence of a PS4 Slim and PS4 Pro on the market right now, it seems likely that a standard 500 GB PS4 model will drop to $250 sometime in 2018. There may be a price reduction down to $200 during select holiday weeks, though it isn’t likely that this will be the permanent price of the hardware going forward, as Sony will want to make as much profit off the console as possible given its time and popularity in the industry.
A price drop is likely considering how this generation of console hardware is slated to be shorter than that of the PS3 and Xbox 360’s, too. With mid-generational upgrades already out there in the form of the aforementioned Pro and Xbox One X, fans may be getting a PS5 and next generation Xbox announcement sooner rather than later. Sony Computer Entertainment’s own UK boss, Fergal Gara, stated as much back when the PS4 launched, going so far as to say, “I think the willingness and the appetite to pick up new technology fast has probably changed quite a bit.”
Of course, the next iteration to the PlayStation brand has yet to be announced as of the time of this writing, though if Sony does indeed reduce prices to some of its hardware units, it’s a likely sign that something new is just around the corner. Just don’t expect anything official in that regard this year.