Sony Promises Calm, But After A €650 PlayStation 5, Few People Are Buying The Fairy Tale
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3 Articles
Sony Faces PS5 Sales Slump As Higher Console Prices Weigh On Demand
Sony’s PlayStation 5 business is beginning to lose momentum as increasing console prices and mounting manufacturing expenses place pressure on consumer demand. Traditionally, gaming consoles become more affordable as they age, but the PS5 has followed a very different path since arriving in 2020. At launch, Sony priced the PS5 Digital Edition at $615 and the Disc Edition at $768. Following multiple pricing adjustments over recent years, the Digi…
Sony Promises Calm, But After A €650 PlayStation 5, Few People Are Buying The Fairy Tale
The PlayStation 5 is now sitting at €650, the PS5 Digital Edition costs €600, and the PS5 Pro has climbed to €900, so Hiroki Totoki’s latest attempt at reassurance has not exactly been greeted with thunderous applause. Sony’s CEO says another price increase is not currently part of the plan, but players are no longer hearing that as “you are safe”. They are hearing it more as “we have not reached into your wallet again today”. Meanwhile, the lat…
Sony expects PS5 sales to fall in the next twelve months. This is due to storage bottlenecks caused by the AI boom, which are putting increasing pressure on the prices and availability of gaming hardware.
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