Sony hikes PlayStation prices
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While Sony didn’t attribute the increase to Trump’s tariffs, consumer companies have been warning for months that higher prices are on the way.
It was only a matter of time before Sony followed in Microsoft's footsteps and announced its own PlayStation 5 price hikes.
Sony will raise the price of its popular PlayStation 5 video-game console to $550 from $500 in the US, following rival console-makers Microsoft and Nintendo in price hikes after tariffs increased the cost of imports. “Similar to many global businesses ...
The current global economy has run havok with tech pricing norms. Now, it’s much harder to say whether a video game console will be more expensive at launch or not. The PlayStation 5 released in November of 2020 – nearly five years ago! – and now, almost half a decade into its lifecycle, Sony has announced price increases.
A PlayStation 5 is about to cost even more in the U.S, with Sony confirming a price hike due to a " challenging economic environment."