PlayStation Plus Price Hike Could Be Coming as Sony Looks to Avoid PS5 Price Increase

PlayStation Plus Price Hike Could Be Coming as Sony Looks to Avoid PS5 Price Increase

Sony PlayStation recently revealed they plan to “monetize” existing users and services to counter further PS5 price increases. According to the company’s CEO, the new strategy is the result of increased memory costs due to the worldwide RAM shortage crisis. Sony Wants to Avoid Another PS5 Price Increase Screenshot: PlayStation This latest update comes from Sony CFO Lin Tao during a recent PlayStation earnings call. During the meeting, Tao explai…

Sony's plan to minimize PS5 price increases focuses on existing owners

Price increases for the PS5 could be on the way for consumers due to increased costs of RAM and storage components, which is a direct result of several factors, including big brands exiting the consumer segment to focus on AI data centers, and prices going up for those components, creating a short supply and rising demand. Price increases for the PS5 have popped up before. Sony raised the price of the console in some markets last year. However, …

PlayStation Is Gonna Screw All Of Us A Little, Instead Of Some Of Us A Lot

Like so many other consumer electronics companies out there at the moment, Sony is about to be in a lot of trouble thanks to the AI-fuelled rush on computer components like storage and memory. The company's solution, at this stage at least, seems to have come from an evening spent looking at the trolley problem.As Inside report (via GameSpot), Sony CFO Lin Tao spoke about the company's mitigation plans during their latest financial results prese…

Sony Could Offset Rising RAM Costs By "Monetizing" The PS5 Install Base

Sony revealed during its latest financial results presentation that while the PlayStation 5 is selling well, pushing out 92.2 million units as of February 5, the company's plan now is to grow "software and network services revenue" by monetizing the existing install base.According to an Automaton report, CFO Lin Tao addressed concerns during the presentation about securing enough PlayStation 5s to meet the demand in the wake of the ongoing memor…

Sony Prioritizing Monetization of Current PS5 User Base in Fight to Counter Rising Memory Costs

Earlier in the month, Sony Group issued Q3 FY2025 consolidated financial results. In a related earnings call, company leadership discussed the current impact of climbing computer memory costs. In particular, they anticipate new strategies that will ensure minimal price fluctuations affecting core PlayStation 5 hardware. According to an Inside Games Japan news article, the extremely popular home console has: "surpassed 92 million units in cumulat…