Sony Raises The Price Of The PlayStation 5 In Multiple Regions Worldwide
by Sage Ashford
In a move expected for weeks now, Sony has raised the retail price of the PlayStation 5 in multiple markets across the globe, including Europe, Middle East, Africa, Asia-Pacific, Latin America, and Canada. This comes after Sony has increased the price on other electronic goods they produce, including cameras, Blu-ray players, and even headphones and speakers. The PlayStation blog discusses inflation and currency trends as reasons for the price increase, which is effective immediately.
The price increases for each region are shown below:
According to President & CEO of Sony Interactive Entertainment Jim Ryan, there are no price increases planned for the United States.
Amidst concerns of PlayStation’s increase, it’s hard not to wonder whether Xbox and Nintendo would follow along. But Nintendo is on record as saying they have no plans on increasing the price of the Switch. That’s directly from Nintendo President Shuntaro Furukawa when interviewed by Nikkei Asia, who mentioned not wanting to “price people out”.
Meanwhile, Microsoft issued a statement to Windows Central:
“We are constantly evaluating our business to offer our fans great gaming options. Our Xbox Series S suggested retail price remains at $299 (£250, €300) the Xbox Series X is $499 (£450, €500).”
For now, it sounds like Sony’s competition are staying at their current prices.