PlayStation 5 Sees Substantial Price Hikes Globally

Key Takeaways

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  • Sony is increasing the prices of all PlayStation 5 models worldwide due to global economic pressures and rising RAM costs.
  • The new prices for the PS5, PS5 Digital Edition, and PS5 Pro in the United States are: $649.99, $599.99, and $899.99 respectively, effective April 2.
  • Sony attributed these price increases to high demand from AI data centers and production limits, stating they aim to keep delivering awesome games to players everywhere.
  • These price hikes are not unique to Sony, as Microsoft also raised Xbox prices last year. The Xbox Series X now retails for $649.99, matching the standard PS5 price.

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Starting April 2, Sony is increasing the prices of all PlayStation 5 models worldwide. In the United States, the PlayStation 5 Digital Edition will now cost $599.99, a $100 increase. The PS5 Pro will increase by $150, costing $899.99. Sony has also announced similar price increases for Europe and Japan, while prices for Brazil remain unconfirmed. Sony attributed these price increases to global economic pressures, specifically citing rising RAM costs due to high demand from AI data centers and production limits. “We’re feeling the squeeze on the global economy, so we’re boosting prices for the PS5, PS5 Pro, and PlayStation Portal worldwide,” Sony stated. “We know price changes affect our gaming community, but after thinking it through, this seemed like the right move to keep delivering awesome games to players everywhere.” The new prices, effective April 2, are as follows:

PlayStation 5: $649.99 (previously $549.99) PlayStation 5 Digital Edition: $599.99 (previously $499.99) PlayStation 5 Pro: $899.99 (previously $699.99)

PlayStation 5: €649.99 (previously €549.99) PlayStation 5 Digital Edition: €599.99 (previously €499.99) PlayStation 5 Pro: €899.99 (previously €799.99)

Global Price Hike for PlayStation Models, Including PS5 Pro and Digital Edition

The new PlayStation 5 models in Japan will cost: ¥97,980 for the standard PS5, ¥89,980 for the Digital Edition, and ¥137,980 for the PS5 Pro, reflecting increased manufacturing costs. The PS5 Digital Edition has increased by as much as ¥20,000 since its initial release in 2020. These price increases are not unique to Sony, as Microsoft also raised Xbox prices twice last year. The Xbox Series X now retails for $649.99, matching the standard PS5.

In Case You Missed It

Before we delve into today’s horror gems, let me briefly lighten the mood with some promising news for Silent Hill fans. Ahmed Hassan recently revealed that Konami is cooking up a manga sequel to Silent Hill’s chilling events, penned by none other than Ryukishi07 himself! ‘True Ending of Silent Hill f Revealed in Manga’ True Ending of Silent Hill f Revealed in Manga promises an official continuation of the game’s narrative, offering a new canonical ending and further exploring Hinako’s tale. Mark your calendars for this Japanese release, horror enthusiasts! Now, switching gears to another big news in gaming, Carlos Mendoza takes an in-depth look at Pearl Abyss’ recent strategy with Crimson Desert in his latest article. Published on the same day, ‘Crimson Desert Without Expansions or Multiplayer’ Crimson Desert Without Expansions or Multiplayer explores the game’s astonishing success and the studio’s decision to prioritize quality improvements over paid expansions and multiplayer modes, despite early attempts at incorporating multiplayer support. Lastly, if you’re planning to upgrade your console experience anytime soon, don’t miss Bruno Pferd’s latest piece on PS5 prices. Published just yesterday, ‘PS5 Prices for All Models to Increase Again, by €100 to €150 More’ PS5 Prices for All Models to Increase Again, by €100 to €150 More dives into Sony’s recent announcement of a significant price hike across its PlayStation 5 range due to global economic pressures. Check out the details and what this means for your gaming budget here!

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