Sony has announced that they're releasing slimmer versions of the PlayStation 5 and PlayStation 5 Digital Edition just in time for holiday season. The new models have been made smaller and lighter than the initial PS5s, given a 30% volume reduction and a decrease in weight by 18% and 24%. To give you an idea of the difference, the original PS5 had dimensions of 15.4 x 10.2 x 4.1 inches, whereas the new one will be about 14 x 3.7 x 8.5 inches.

The Xbox Series X/S differ quite a lot when compared to both the old and new PS5s, but it's worth to get an idea of how they'll look inside your living space. For instance, Xbox Series X is 6 x 12 x 6 inches and the Xbox Series S measures 11 x 5.9 x 2.6 inches.

Although these PS5 updates might not be more powerful, they do offer additional storage, jumping from 825GB to a 1TB of storage. Plus, Sony gives us an option to add an Ultra HD Blu-ray Disc Drive to the PS5 Digital Edition whenever you wish, costing approximately $79.99. The updated models also have four distinct cover panels, two with a glossy look, and the remaining two with a matte finish.

There's a price rise for the new PS5 Digital Edition by $50 in comparison to the previous model. The cost for the new PS5 model, with the Ultra HD Blu-ray disc drive, will be $499.99, and the new PS5 Digital Edition will be $449.99. Sony will also be launching a new vertical stand for $29.99. All models will include a standard horizontal stand.

That's it from PlayStation world for now. We can't wait to see the internet's reaction to these updates and best offers during the October Prime Day.

For any further queries or information, please reach out to newstips@ign.com. Stay tuned for more PS5 updates!