PlayStation 5 Consoles Face Another Price Hike, Standard Model Now Costs $649.99 Sony has announced another global price increase for its PlayStation 5 consoles, with the standard model now priced at $649.99. This follows previous hikes and reflects broader industry trends influenced by economic pressures and supply chain challenges. While India has not yet seen a new price adjustment, the PS5 Pro’s launch appears imminent due to recent regulatory changes. Starting April 2, the PlayStation 5 standard disc edition will cost $649.99, up from $549.99. The Digital Edition will rise to $599.99 from $499.99, and the PS5 Pro will climb to $899.99 from $749.99. The PlayStation Portal remote player will also increase by $50, reaching $249.99. Sony cited “continued pressures in the global economic landscape” as the reason for the hikes. This marks the second price increase for the PS5 in under a year. In August, Sony raised US prices by $50 across the board, making the standard PS5 $100 more expensive than it was eight months ago and $150 higher than its November 2020 launch price of $500. The PS5 Pro, which debuted at $699.99 in late 2024, has now surpassed $900 within 18 months. The trend of rising console prices is not limited to Sony. Microsoft raised Xbox console and controller prices in May, while Nintendo increased the original Switch’s price from $299 to $339. These hikes are driven by factors beyond individual companies, including U.S. tariffs, conflicts in Ukraine and Iran, and surging RAM costs. AI data centers have intensified demand for memory, pushing prices higher and affecting consumer hardware. Bloomberg reported that Sony may delay the next-generation PlayStation to 2028 or 2029, signaling the severity of supply chain and economic challenges.#india #playstation_5 #sony #playstation_portal #ps5_pro
Sony raises PS5 price by £90 in the UK Sony has increased the price of the PlayStation 5 console by £90 in the United Kingdom and by $100 in the United States, citing "continued pressures in the global economic landscape" as the reason for the significant hike. This marks the second major price adjustment for the console within less than a year, following a previous £40 increase for the disc-free PS5 Digital Edition earlier in 2025. The company emphasized that the price changes are necessary to sustain its ability to deliver "innovative, high-quality gaming experiences" to players worldwide. The PS5 Digital Edition will now cost £519.99, representing a 21% increase from its previous price, while the PS5 Pro model will be priced at £789.99, a 13% rise. The PlayStation Portal, a peripheral device for the console, will also see a £20 increase, bringing its price to £219.99. The price adjustments apply to all regions, with the PS5 console now costing $649.99 in the U.S. (equivalent to £488) and €649.99 in Europe (approximately £563) starting from 2 April. Gaming industry analyst Piers Harding-Rolls of Ampere Analysis explained that the price hikes are driven by broader supply chain challenges, particularly the rising costs of random access memory (RAM) and storage components, which are essential for console manufacturing. These components are in high demand due to the global expansion of data centers that power artificial intelligence systems. Harding-Rolls noted that with no signs of easing prices for these critical parts, Sony’s decision to raise prices is a strategic move to protect its hardware margins. He also suggested that competitors like Microsoft and Nintendo may follow similar steps in the near future.#playstation_5 #sony #playstation_portal #ampere_analysis #piers_hardingrolls
