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Sony. What are you even doing right now? PS5 Pro Announcement
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PS4 Pro was still obscenely underpowered. Jaguar was terrible at PS4's original launch, and the boost on the Pro was marginal because it was still the same terrible underlying design.
Going into the PS5 pro, everyone projected this pricing, because it's actually modern hardware and their costs have went up instead of down.
I imagine they'll make money from the kinds of people who absolutely must have the latest and greatest available tech for everything. Personally, I wouldn't bother even if money weren't an issue.