Sony's Price Rise on the PlayStation 5
PlayStation 5's Price Rises in the US
Sony has increased the price of the PlayStation 5 in the US, due to fears over ongoing tariffs. The price rise affects both the disc and digital editions, with the former now costing USD $50 more and the latter USD $20 more.
Impact on Tariffs and Nintendo Switch
This move by Sony is a response to the potential impact of tariffs on imported goods from China. Sony is the first major games company to do so, and it remains to be seen whether Nintendo will raise prices on the Switch in response to these geopolitical developments.
Response from Gamers
The internet has responded with a mixture of anger and dismay to the news. Some are angry that they have just bought the console at the previous price, others are saying that gaming is now too expensive, and some are predicting that Microsoft will now raise prices for the Xbox.
Why Now?
With the PlayStation 5 now over a year old, Sony has ramped up production to meet ongoing demand. But global shipping and transport difficulties, as well as increased costs, have no doubt played a part in this price rise.