PS5 Price Increases Hit US Gamers This Week
Sony raises PlayStation 5 prices by $50 due to tariffs and economic challenges, following similar increases by Microsoft and Nintendo in the US market.
- On August 21, Sony will raise U.S. prices across its entire PlayStation 5 lineup, increasing all current models by $50.
- Citing tariffs and sectorwide moves, Sony linked the PlayStation 5 price hike to economic pressures, while Isabelle Tomatis wrote, `Similar to many global businesses, we continue to navigate a challenging economic environment`.
- Sony detailed the new sticker prices, noting PS5 Digital Edition , PS5 Disc/standard , and PS5 Pro rise, while games and accessories remain unchanged for now.
- The move may push consumers toward more affordable options like the Xbox Series S, while analysts warn the hike may hurt Sony's hardware sales momentum amid weaker console sales.
- After earlier global increases, the U.S. hike follows Sony's 25% international price rise this year and its 15 million unit sales projection in the coming year.
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Sony hikes PS5 prices $50, blaming tariffs and tough economy
All PS5 models sold in the US will increase by $50 starting August 21
·London, United Kingdom
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Sony blames 'challenging economic environment' for PS5 price hikes
PlayStation announced it will raise the price of its PlayStation 5 consoles.Richard A. Brooks / AFPSony raised the price of PS5 consoles in the US by about $50.The company blamed "a challenging economic environment."Customers will be subject to the price hikes starting on August 21.It's about to get more expensive to escape reality.PlayStation, owned by Sony, announced on Wednesday that it will increase the recommended retail price for its PlayS…
·United States
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Total News Sources54
Leaning Left15Leaning Right2Center11Last UpdatedBias Distribution54% Left
Bias Distribution
- 54% of the sources lean Left
54% Left
L 54%
C 39%
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