Sony has announced that starting on August 21, the price of all PlayStation 5 consoles in the U.S. will go up. Like so many other global companies dealing with today’s economy, Sony says this decision wasn’t an easy one, but it had to be made.
Here’s what the new pricing looks like:
This is an extra $50 to the price of the consoles. Now, you can argue that it’s just $50, but considering that this is on a console that was released in 2020. We’re paying more for older hardware when it should be the reverse.
However, no changes are being made to the price of accessories, and Sony also mentioned that, for now, no other regions will be affected.
Even though Sony didn’t outright say it, these price hikes likely have a lot to do with the tariffs recently put in place by the President of the United States. Those trade measures have already impacted plenty of other electronics, so it isn’t a stretch to see the PlayStation 5 being caught up in it as well. We expected this and said that this would happen a month ago.
This also makes PlayStation the last of the three major platforms...
