But before we begin, here’s the spec sheet, as shared by Sony:

From this, we can see that, in terms of numbers, the PS5 is a little behind on the CPU and GPU department. And while in-game performance should usually reflect these differences, it’s difficult to say whether that’s really the case. This is especially when both consoles feature different customisations to their hardware. Until we see actual in-game performance, there’s no denying that the next-gen Microsoft has the edge here. One thing that’s a little more comparable is the storage medium. Both will feature custom SSDs that will cut down load times significantly. But the one in the PS5 will have an impressive 5.5GB/s read bandwidth, which sounds crazy. Another bonus the PS5 has over the Xbox Series X is the form of expandable storage they can take. Both will allow you to plug in an external HDD via USB. But while the Xbox Series X only takes in a proprietary SSD expansion card, you can just slot in a standard M.2 PCIe 4.0 into the PS5. That being said though, your extra SSD has to be small enough to fit inside the console, and has to be at least as fast as the custom one already inside. If you want the nitty-gritty details, you can hit the link below to read about it. Or, you can watch the 50-minute long presentation by PlayStation 5 lead system architect Mark Cerny. The only thing missing from the whole thing is the way the PS5 actually looks. (Source: PlayStation)

Sony Releases PlayStation 5 Spec Sheet - 45