© . The logo of Sony PlayStation is displayed at Tokyo Game Show 2019 in Chiba

TOKYO/STOCKHOLM () – Sony Corp (T:) said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disk drive, as it squares off against rival Microsoft Corp (NASDAQ:)’s Xbox console.

The pricing announcement sets the stage for a year-end showdown between Xbox and PlayStation, as consumers continue to flock to gaming optimised consoles offering exclusive titles.

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