From September, Sony will immediately increase the price of the PlayStation 5 by 19%, but for now only in Japan

The PlayStation 5 gaming console will celebrate its fourth anniversary this November, and prices for electronics usually decline at this stage of the life cycle. But Sony was forced to take unpopular measures in anticipation of the potential release of an updated version of the platform. Starting September 2, the price of the PlayStation 5 in the Japanese market will increase by 19% to approximately $550 for the version with an optical drive. The difficult situation in the country’s economy forces the company to take this step.

Image Source: Sony

Four years is quite an age for a game console, and at this stage of its life it should have stimulated sales by lowering prices, but rising costs are forcing Sony to move in the opposite direction. The console version without an optical drive will rise in price to $505 from September. At the same time, the cost of the DualSense wireless controller and the Pulse wireless headset will increase.

The company justifies the price increase based on “harsh external circumstances.” At the same time, Sony expects to sell 18 million PlayStation 5 consoles worldwide by the end of the fiscal year, which ends in March, compared to 20.8 million units a year earlier.

Sony is not the only one forced to raise prices for its game consoles in Japan. This month, Microsoft raised the retail price of the Xbox Series X family of consoles by 12% to $463. It is possible that such unpopular measures will have to be taken outside Japan, although there is no official information on this yet.

admin

Share
Published by
admin

Recent Posts

Samsung Unveils Ultra-Slim Galaxy S25 Edge Smartphone for €1,249: Dual Camera, Snapdragon 8 Elite, and 3,900 mAh Battery

Samsung has officially unveiled the Galaxy S25 Edge, its thinnest and most sophisticated smartphone. The…

5 hours ago

IPhones to Learn to Work Longer on Battery Life — Apple to Handle Power Management to AI

Apple is preparing a major update for the iPhone with the release of iOS 19,…

8 hours ago

Google and Elementl to Develop Three 600-MW Nuclear Projects in the US

Google has entered into a strategic agreement with Elementl Power, a leading developer of nuclear…

8 hours ago

IOS 18.5 Released, Bringing Free Satellite Communications to iPhone 13

Apple has released iOS 18.5, and one of the main innovations of the operating system…

8 hours ago

Doom: The Dark Ages Mistakenly Released on Steam Early, But Not for Everyone

Although there are still a few hours left before the launch of extended access to…

10 hours ago

Why aren’t today’s semiconductors good enough for AI?

The smaller the manufacturing standards by which a chip is made, the higher its density…

1 day ago