playstation 5 (also known by the abbreviated name ps5) is the fifth home video game console made by sony computer entertainment. it was released at the end of 2020. most games from the playstation 4 work with it. there are two versions of the console, one with a blu-ray optical disc drive that costs $500. the second version costs $400 and does not have the disc drive. on the version with no disc drive, games can only be bought and downloaded from the playstation store.