Sony has announced a new price increase for its PlayStation 5 consoles, with changes set to take effect on April 2. The PS5 Pro will see the largest jump, now priced at $899.99. Industry analyst Piers Harding-Rolls said the price hike was expected and added that companies like Microsoft and Nintendo could follow if costs remain high. The Sony PlayStation 5, arguably in the latter stages of its product life cycle, has had its price bumped up to PHP 40K. Sony's official announcement determines these price increases were a "necessary step to ensure [the continued delivery] of innovative, high-quality gaming experiences to players worldwide." There is a general consensus that this hike is caused by the rapidly increasing cost of memory, as it becomes a high-value asset for AI data centers. Read more in our articles including "PS5 gets price hike again as Sony cites global cost pressures" and "The Sony PS5 price just jumped to PHP 40K this month".
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Jan 28, 2009Sony has announced a new price increase for its PlayStation 5 consoles, with changes set to take effect on April 2. The PS5 Pro will see the largest jump, now priced at $899.99.
Industry analyst Piers Harding-Rolls said the price hike was expected and added that companies like Microsoft and Nintendo could follow if costs remain high. The Sony PlayStation 5, arguably in the latter stages of its product life cycle, has had its price bumped up to PHP 40K. Sony's official announcement determines these price increases were a "necessary step to ensure [the continued delivery] of innovative, high-quality gaming experiences to players worldwide." There is a general consensus that this hike is caused by the rapidly increasing cost of memory, as it becomes a high-value asset for AI data centers.
Our coverage of Sony PS5 price hike includes: "PS5 gets price hike again as Sony cites global cost pressures"; "The Sony PS5 price just jumped to PHP 40K this month"; "Sony reportedly pulls back PC releases of PS5 exclusives". Each article provides unique insights and information.