Sony may launch the PS5 Slim later this year, so thinks Microsoft. The software giant is currently waiting a ruling in the Federal Trade Commission (FTC) vs Microsoft hearing. As part of the case, Microsoft filed documents which reveal that it thinks a PS5 Slim is on the way “later this year.”
What Microsoft said exactly
“…PlayStation likewise sells a less expensive Digital Edition for $399.99, and is expected to release a PlayStation 5 Slim later this year at the same reduced price point.” Microsoft’s prediction also has a footnote that says “Sony is also anticipated to release a handheld version of PlayStation 5 later this year for under $300.”
Incidentally, Microsoft doesn’t cite any third-party sources for the PS5 slim timing or pricing in its findings of fact and conclusion of law document.
FTC vs Microsoft: The high-stake battle
Microsoft is fighting a high-stakes battle with the Federal Trade Commission (FTC) that will determine the future of its $68.7 billion proposed acquisition of Activision Blizzard. The FTC wants a preliminary injunction granted to prevent Microsoft from closing its deal ahead of a separate legal challenge that’s due to commence on August 2nd.
Microsoft has until July 18 to close its proposed acquisition; otherwise, it has to pay $3 billion in breakup fees to Activision Blizzard or renegotiate new terms.
The FTC isn’t the only regulator trying to block this deal. The UK’s Competition and Markets Authority (CMA) decided to block the deal in April, and Microsoft is currently appealing that decision in a case that will commence in late July.
Satya Nadella and others made testimony in the case
The case has seen some high-profile executives make appearance. These include Activision CEO Bobby Kotick. He reportedly took the stand to discuss Call of Duty on Switch and the history of Activision. Microsoft CEO Satya Nadella appeared to answer questions on Microsoft’s cloud ambitions and why he would love to get rid of console exclusives if he could. Nvidia’s Jeff Fisher too appeared briefly. Xbox chief Phil Spencer as well as Sony’s PlayStation chief Jim Ryan too took the stands.
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