Sony's $500 Playstation 5 is Coming in November

The Sony Playstation 5 will be here just in time for the holidays! The new console will cost $500 and launch on Nov. 12.

Sony's PS5 will come in two different models. One will be a standard version with an Ultra HD Blu-ray disc drive for $500. There will also be another slightly cheaper version with no disk drive that costs $400.