Latest PS5 Pro report states it's still coming this year and yes it will break the bank

(Image credit: Sony)

The latest reports on a potential PS5 Pro are stating that the mid-gen refresh console is still on track for a release this year and yes, it'll likely cost you an arm and a leg.

As reported by GameSpot, the reports come from reporter Jeff Grubb, who spoke about the PS5 Pro in a recent episode of the Game Mess Mornings podcast. During the episode, Grubb stated that: "The last I heard, this thing [PS5 Pro] is still coming out this year."

Grubb also remarks that a State of Play presentation could be airing soon: "More recently, what I've heard is there is probably going to be a State of Play, not a Showcase, by the end of September," he says.

If Sony is set to launch a PS5 Pro this year, it would have beaten Microsoft to the punch in terms of mid-range refresh releases. Team Green does have new Xbox Series X and Xbox Series S hardware on the way, including an all-digital Xbox Series X, a white variant of the 1TB Xbox Series S, and a special edition Series X with 2TB of storage and a unique galaxy pattern. We've even got a new Xbox console pre-order guide for those machines due to launch in October if you're keen to get one of those new models.

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Rhys is TRG's Hardware Editor, and has been part of the TechRadar team for over four years. Particularly passionate about high-quality third-party controllers and headsets, Rhys strives to provide easy-to-read, informative coverage on gaming hardware of all kinds. As for the games themselves, Rhys is especially keen on fighting and racing games, as well as soulslikes and RPGs.