March 27Mar 27 Sony has announced it is raising the price of its PlayStation 5 consoles and the PlayStation Portal. The changes will take effect starting next week on April 2, marking the second price increase for the PlayStation 5 in less than a year.In a PlayStation Blog post, Sony states that “with continued pressures in the global economic landscape, we’ve made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally. We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide.”These changes will affect the US, UK, Europe, and Japan (though Sony recommends players living in other regions check with their local retailers for any pricing change). Below are the updated prices for each region. For the US, we’ve also included the current price of each console for comparison. U.S.PS5 – $649.99 (up from $549.99)PS5 Digital Edition – $599.99 (up from $499.99)PS5 Pro – $899.99 (up from $749.99)U.K.PS5 – £569.99PS5 Digital Edition – £519.99PS5 Pro – £789.99 EuropePS5 – €649.99PS5 Digital Edition – €599.99PS5 Pro – €899.99 JapanPS5 – ¥97,980PS5 Digital Edition – ¥89,980PS5 Pro – ¥137,980Here is the new price for the PlayStation Portal, Sony’s handheld game streaming platform. U.S. – $249.99 (up from $199.99)U.K. – £219.99Europe – €249.99Japan – ¥39,980If you’re doing the math, this means, in the US, the PS5 will soon cost $100-$150 more, depending on the model. Sony last raised prices for the PS5 less than a year ago, first in Europe and other territories in April, then in the US last August. When you factor in that the original PS5 launched at $499.99 in 2020, the console will soon become roughly $250 more expensive, less than six years later. The PS5 Pro launched in September 2024 at $699, so it will now become $200 more expensive in less than two years. Sony is far from alone, as 2025 saw each platform maker raise its hardware prices due to the economic conditions (caused in no small part by the US government’s global tariffs). Microsoft raised the price of Xbox Series X/S consoles twice last year (in May and October), along with price hikes to Xbox Game Pass and certain first-party games. Nintendo famously delayed pre-orders for the Switch 2 due to the US tariffs and raised the price of the console's accessories before launch. Nintendo is among hundreds of companies suing the Trump Administration to demand a refund from the tariffs after the Supreme Court ruled them to be unlawful earlier this month. The company also raised the price of the original Switch models in the US last October, citing a similar economic reasons. View the full article
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