tommib
Banned
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PS5 price to increase in select markets
- Thread starter Cyborg
- Start date
Kilau
Member
Tiago Rodrigues
Member
I would also bet their showcase will be meaty this year with the PS VR2 and everything releasing next year.
jm89
Member
I know it's outselling already. Just saying if it sells out at a higher price point like then the series x the demand between will really show and some folks won't be happy.
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T-Cake
Member
I was very much in that camp. PC = gathering dust, XBox Series S = gathering dust, PS5 was my main machine. But I decided to consolidate on PC as that's where the games are going so the consoles were sold. Only thing is my PC is getting on a bit and I'm not ready to shell out for a brand new one yet (waiting for nVidia 4000 series GPU), hence my thinking about getting a Series X in the meantime.
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Topher
Identifies as young
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nominedomine
Banned
Wouldn't their fanboys have a PS5 already at this point? Ain't nobody making purchase decisions of a 10% difference in price, ain't nobody legitimately outraged over this.
I'm way more bothered buy how much PS+ Premium sucks than I'm over PS5 getting a slightly more expensive. Going for Deluxe/Premium over Extra really feels like getting suckered into a bad deal.
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BennyBlanco
aka IMurRIVAL69
the good news is sony will probably drop a ragnarok trailer or something to drown this out.
i'm also pretty surprised they're leaving the price alone in the US. feels like inflation is creeping into everything here.
i'm also pretty surprised they're leaving the price alone in the US. feels like inflation is creeping into everything here.
PharaoTutAnchAmun
Member
€50 euro less
Inflation, the cost of products to produce chips and hardware is increasing, China is blocking sand for chipmaking to Taiwan.
The rising of shipping products all over the world cous fuelprices are rising, the war in Oekraine, factorys all over the world paying much more for energy for making theyr products, material prices are rising trough the roof and i coud go on.....But a lot of posters here have found fuel to bitch about Sony....
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They couldn't even if the wanted to. That's the good thing about fanboys, at least from a company perspective.
Venom Snake
Member
High demand + low supply = higher prices?
Oh, if i only knew..
Oh, if i only knew..
Fahdis
Member
Its a non-issue. As soon as Ethereum moves to a POS system, those days will be over. Which leaves Bitcoin and its not even profitable anymore even in a Bull market.
The future is about regulations, privacy and zero knowledge proofs along with a better infrastructure for internet and Cloud companies.
Also, $80 games along with paid live services and now a price increase? Oh, you sweet summer child.
However, just as an update, yes you are right, they are greedy as fuck. All these nasty corporations are.
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Punished Miku
Human Rights Subscription Service
A+, respectable attempt sir.
nominedomine
Banned
The US is a unique market for Sony, it's where the Xbox is relatively stronger. Who knows though, I could see them raising it in the future once they see what happens in other places.
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onnextflix5
Member
Dumb move should have at least kept the digital same price, Nintendo will no doubt follow suite, big question is what will ms do?
Fess
Member
PS5 is already $300 more than XSX in my country since it’s never ever on a shelf, it’s still selling.
XSS is $600 cheaper. Sits on shelves.
akaFullmetal
Member
That really sucks for buyers. I assume world wide inflation, chips costing more is the issue. I doubt this will effect sales much. Demand is still sky high.
kruis
Exposing the sinister cartel of retailers who allow companies to pay for advertising space.
All imported goods will become 10-20% more expensive in the upcoming months in Europe. It's just a matter of time before MS will raise prices too. The euro lost 20% of its value compared to the dollar and then there's inflation, rising transport costs and rising energy prices. It costs more to manufacture *anything* and MS will certainly not want to sell Xbox consoles at the original price in euros and earn 20% less in dollars because the euro tanked.
Nautilus
Banned
It's not outselling the Switch though. To be fair though, the Switch is in its twillight years, and on its way out(seemingly). Sony also knows this, so they probably aren't worried on that front either.
Hate this as a consumer, but it makes perfect sense. Anyone in the US should try to buy a PS5 soon, because its only a matter of time until they raise the price there.
Bojanglez
The Amiga Brotherhood
Maybe it's an exchange rate thing too. USD is holding pretty strong against other currencies and therefore they can justify it?
nominedomine
Banned
Ain't nobody deciding between a Switch and PS5 at this point, completely different products. Not to mention that Sony seems able to pretty much sell all the units that they can produce so they never had a chance to beat the Switch on units anyway.
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tommib
Banned
Why more? The DualSense must cost more to produce as well as the the PS5’s I/O system. I bet they cost the same?
Captain Toad
Banned
It will be $499-$599. But, that was already known based off the specs alone.
If it costs over $600, they're crazy.
Negotiator101
Member
They are actually pretty strong here in the UK but I'm just concerned about the massive increase in cost of living yet Sony are increasing their prices for a luxury item that was expensive enough already and is 2 years old technology.
Sony have treated PS gamers far worse this generation than their main competitors and continue to offer less value. Parents want to buy their children what they want for the holidays and no doubt PS5 will be high up the list, I don't understand how this is defendable at all.
Graphics cards prices are dropping so your argument makes no sense. Since 2022 prices for graphics cards in the UK have dropped by 56%.
Captain Toad
Banned
The news is.... PS5 now in stores.
Oh, still no? Let's raise the price more and try again.
Tiago Rodrigues
Member
Nop...they won't do that in the USA. They would've announced it already.
Crazy prediction: Sony announced this during the night because some good news are coming today during the day
(i'm terrible at these predictions so we'll see in a few hours lmao)
saintjules
Member
Interesting that they made a blog post about it.
Imp the Dimp
Member
I'm not super familiar with the US market but I just checked Walmart and it seems as though PS5s are in stock, albeit in bundles. They probably don't increase the price because the demand is not exceeding the supply currently, would be my guess. I doubt this price increase has much to do with inflation. Sony knows the PS5 was underpriced and they're correcting for in the markets where the demand outstrips the supply still.
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nominedomine
Banned
I think you overestimate the impact of a showcase. Thing like games actually releasing like TLoU Pt1, God of War Ragnarok matter a lot more than promises.
2023 is already packed with releases as well, I don't think that's it. We probably were going to get a showcase regardless (like we got every year so far this gen), they don't take part in any other game show anymore they have to showcase their games somewhere.
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lovetalkgames
Banned
The problem is we know what a corporation’s interest is. We know it’s financial. To default to this for what is at best a questionable decision is just lazy and drab.
Because the rest of the world puts up with Sonys bs specially Europe and latin america. "la play" is basically a religion. Buy Xbox and see those prices go down.
Imp the Dimp
Member
Why is it a questionable decision? The PS5 is a luxury product absolutely nobody needs and for which there is plenty of affordable competition. Buy a PS4 Pro if you're so eager to play video games on your TV. You should charge what the market will bear else you risk a shortage (or if you overcharge, your product doesn't sell well). Why do basic economic principles not apply to absolutely unnecessary items like a PS5 lol?
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Topher
Identifies as young
What you are seeing on Walmart's website are from third party resellers who are essentially scalpers. None of that stock is from Walmart themselves. Demand in US for PS5 is still outpacing supply by quite a bit.
aliadiere25
Member
I'm usually behind Sony, but this is disgusting. People are struggling with keeping their job at the moment, and people are going to struggle with bills this winter due to all the gas and electricity companies spiking their prices, so people can't afford to spend another £30 on an already expensive console.
There is no need to charge more when your demand is so high.
There is no need to charge more when your demand is so high.
skit_data
Member
Is it really though? Spider-Man 2 for sure, but most of their big 1st party games announced during the last 2 years have been released after GoW Ragnarök.
El Pistolero
Banned
Absolutely: The Covid impact; The russian aggression on Ukraine; The law of dimishing returns with transistors/chips...
I do not expect a PS6/XBox Next before 2029/2030...and that is not a bad thing. The generation has not even started properly, and the machines are powerful enough to impress us for years and years to come.
Nautilus
Banned
Both products are consoles dedicated to playing games, so they compete against each other, given that they are in the same market.
But yeah, agree completely with your second point. And with the PS5 still early on its life, and the Switch on its way out, it's only a matter of time until the PS5 starts outselling it.
Imp the Dimp
Member
Yes, you're correct
lovetalkgames
Banned
As a consumer I don’t have to be correct from a economic standpoint. Again, to even enforce that sort of ruling is pathetically lazy and unproductive. You literally do not work for Sony.
Nautilus
Banned
Maybe. But it sure feels like this is a "testing the waters" scenario that, if it goes well, they will expand the raise to other markets, not just the US. Feels like, if this happens, will only happen in early 2023 though.Nop...they won't do that in the USA. They would've announced it already.
Crazy prediction: Sony announced this during the night because some good news are coming today during the day
(i'm terrible at these predictions so we'll see in a few hours lmao)
El Pistolero
Banned
Video games are a luxury; People who are struggling should not even entertain the thought of adding unecessary expenses. Wait for two-three years; The console will be readily available, at a better price, and with a plethora of great first and third party software to boot.
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DaedalusGrim
Banned
Looks to be up by about £20 or so in the UK, not a massive amount but still not a good look.
StreetsofBeige
Gold Member
So no US price increase. Wow. And here I thought the US had inflation too. I guess Xbox doing well in the US means the price has to stay the same, but in markets where PS5 clearly wins, they can jack it up without consequences.
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