PlayStation 5
The PlayStation 5 and Playstation 5 Digital Edition.

Sony

  • Sony's next-gen game console, the PlayStation 5, will arrive on November 12 in select territories, with worldwide launch coming on November 19.
  • The PlayStation 5 starts at $400.
  • There are two versions of the console: One with a disc drive, and one without. The disc-based console costs $500.
  • Visit Business Insider's homepage for more stories.

The PlayStation 5 is nearly here: Sony's next-gen PlayStation console arrives on November 12, and starts at $400.

The Japanese electronics giant announced the long-awaited details during a livestream on Wednesday.

Sony first unveiled the look of the PlayStation 5 back in June during a similar livestream event.

The new console is a major visual departure from previous PlayStation hardware. It's white, asymmetrical, and has a set of fins sticking out of the top.

The PlayStation 5 console matches the new controller — the so-called "DualSense" gamepad — which was revealed earlier this year.

Two versions of the PlayStation 5 are due this holiday: There's a "standard" PlayStation 5, with an Ultra HD Blu-ray disc drive, and a "Digital Edition" without a disc drive, the company said in June.

Design-wise, the two PS5 consoles are very similar.

As seen above, the digital edition is symmetrical, while the standard edition has a bump where the disc drive is located. 

Though the two consoles are capable of powering the same next-gen games, the "digital model" is unable to read discs while the standard model can. In practice, that means that the Digital Edition is only able to play downloaded games — the latest step that the video game industry is taking to move away from physical video games.

A handful of major games have been announced for the next-gen PlayStation, including first-party games like "Marvel's Spider-Man: Miles Morales" and next-gen versions of "Assassin's Creed" and "Call of Duty."  

Check out the livestreamed PlayStation 5 Showcase event right here:

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