Lazada advertises P250,000 PlayStation 5 on Instagram

Gelo Gonzales

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Lazada advertises P250,000 PlayStation 5 on Instagram
(UPDATED) The ad also shows a conceptual PS5 design and not the actual console. A source at Lazada says the ad was mistakenly published, and that it had been taken down last June 25.

MANILA, Philippines (UPDATED) – As anticipation for the PlayStation 5 builds, spot reports of the console’s alleged price surface here and there. 

But one e-commerce site apparently has the price already for Sony’s new console: a whopping P250,000. 

The official Lazada Philippines Instagram page ran the ad on Instagram, Wednesday, June 24, although it is unclear if the ad has been running longer than that: 

Screenshot from Instagram

The ad is not only incorrect with the price estimation, but is also using a user-made concept design of the PS5. The real design had been revealed about two weeks ago, June 12. 

The price of the PS5 will not be P250,000. Expectations put it at about $500 to $750, or in the Philippines, likely around P30,000 to P35,000. These are rough estimates based on historical PlayStation pricing, but it will certainly not be $5,000. 

Instead of an official PS5 photo, the advertisement is also using the work of Brian Worton, who posted his take on the PS5’s design on Twitter back on April 11. 

 

The PlayStation 5 also isn’t available yet, and is expected to launch later this year.

Clicking on the ad takes one to the Lazada Instagram page. A source at Lazada said that the ad was mistakenly published, and that the ad had been taken down as of June 25. – Rappler.com

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!
Clothing, Apparel, Person

author

Gelo Gonzales

Gelo Gonzales is Rappler’s technology editor. He covers consumer electronics, social media, emerging tech, and video games.