Sony is releasing a new PS5 console, but it's a downgrade

Same price, less storage. Shrinkflation at its finest.

Sony plans to release a new PS5 Slim All-Digital console with an 825GB SSD, reducing storage from the previous 1TB to optimize production costs amid rising expenses. The PS5 Slim Standard with a disc drive will retain the 1TB SSD, and the updated model is expected to launch in Europe first.