What does everyone think about Sony increasing the price of the PS5 consoles?

[Kurt Angle]

I think its pretty crazy actually for a console of this age. Generally you would expect them to get cheaper! 

Here are the details on the price increases. For the record the disc version was £479 here in the UK and its now £569 so its a £90 increase!

U.S.

    PS5 – $649.99
    PS5 Digital Edition – $599.99
    PS5 Pro – $899.99

U.K.

    PS5 – £569.99
    PS5 Digital Edition – £519.99
    PS5 Pro – £789.99

Europe

    PS5 – €649.99
    PS5 Digital Edition – €599.99
    PS5 Pro – €899.99

Japan

    PS5 – ¥97,980
    PS5 Digital Edition – ¥89,980
    PS5 Pro – ¥137,980

[Titan]

Yeah dude. This is the first time in history prices actually went up. Usually, consoles are sold at cost or at a loss. It's uncommon consoles are sold at a profit. If they are, it's very slim. I think their hand got forced here with the rise of RAM and SSD prices. I wouldn't be surprised even at the prices their charging now, they're losing money with each console. And it's not even just Sony. Nintendo Switch 2 prices are high for what it is. And Microsoft raised prices on the Series X. It's so bad that next gen consoles are even likely being delayed until this AI induced shortage plays out. But RAM prices for some reason are starting to drop. I don't think the same is happening with SSDs yet but we'll have to see if this is temporary.

Either way, I should learn how to fix these. People don't want to buy a new console now with these prices if theirs breaks and with these prices, there's going to be an uptick in demand for cheaper used consoles.

[Paul2]

when i first read the headlines a few days ago on some other websites like one of its is a videogame website, and i also happened to see a forum headline on the front right side of the main videogame website where it said sony is rubbing its hand greedily on ps5 price increase or something like that.  i thought sony was being greedy increasing the prices of all the ps5 consoles until today i read titan's post giving out the reasons why.

so there is a story behind it after all.  cool.

[Titan]

when i first read the headlines a few days ago on some other websites like one of its is a videogame website, and i also happened to see a forum headline on the front right side of the main videogame website where it said sony is rubbing its hand greedily on ps5 price increase or something like that.  i thought sony was being greedy increasing the prices of all the ps5 consoles until today i read titan's post giving out the reasons why.

so there is a story behind it after all.  cool.

I'm not surprised people are saying that. But people also don't really take the time to think about the macroeconomics on what's going on in the industry. Nor do they know the pricing history and strategy of game consoles throughout history. And think of it this way. Things are so expensive now with costs going up and wages staying stagnant that people can hardly afford luxury goods right now. I believe console sales were already slowing down so why would they increase prices to just make more money when people already can't afford the current prices? It makes no sense unless there is a reason to increase prices. And it's the drastic price increases in core components that is a correlation right now. I was on Dell's website recently (sometimes I like to price shop) and their computers are already up in price for a low-mid range computer. I think like 800 or 900 for a computer with an Ultra 5 processor and like 16 gigs of RAM. I paid a little over 1000 for my computer (I built it) a couple years ago with an i7, 32 gigs of ram and a 4060Ti graphics card. With current prices of RAM, graphics cards and SSDs/hard drives, I wouldn't be shocked if that computer now is between 2-3 grand. And phones. Don't be surprised if phones start going up in price with the next models.

If anybody is being greedy right now its these component manufacturers. They're making record profits right now (I own stock in some of these companies and I can see that reflected in the stock prices). Even Micron pulled completely out of the consumer market (their consumer brand was Crucial) because they can sell their entire RAM chips they manufacture to these AI companies and they are willing to pay super high prices for the RAM. Western Digital sold their entire 2026 stock of hard drives to AI companies so no consumers can buy WD hard drives this year (prices are already reflecting). It's bad. So yeah, soap box rant done, I don't blame Sony, Microsoft or Nintendo for these price increases. People who just throw the blame at the hardware manufacturers just don't know what's happening in the tech industry right now. I'm interested in AI so I follow it. There's a lot going on and prices probably won't start coming down until 2028 or 2029 (that's what analysts are predicting).