Console Prices Are Bad, But Sony Says Players Accepted It

Console Prices Are Bad, But Sony Says Players Accepted It

From DualShockers (Written by Miller Reynolds) on | OpenCritic

The RAMageddon has caused the price of consoles to increase a considerable amount over the course of the last year, but Sony claims their sales are proceeding as planned.

The big three of console gaming (XBOX, PlayStation, and Nintendo) have all implemented price hikes as a direct result of RAM shortages and increased component costs, and while Sony says customer demand hasn't declined, some reports suggest otherwise.

In Sony's case, the price of the PS5, PS5 Pro, and PlayStation Portal remote player were all increased in April, with the PS5 now costing $649.99 and the PS5 Pro set at $899.99. It seems like we may be flirting with the reality of thousand-dollar consoles becoming the norm.

PlayStation Console Sales Hit Record Low

Sony recently held a small meeting and Q&A to discuss the company's long-term financial strategy. As RAM shortages continue, AI becomes more and more sought after for game development, and console price hikes continue to break the bank of the consumer, Sony has been pivoting to keep their profit margins in the green.

Despite the price hikes, Sony says players don't mind coughing up the extra cash: "Sales are proceeding as planned,...

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