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Sony announces hefty price increases

Sony announces hefty price increases

Posted on September 1, 2022 By Community

Everything is getting more expensive these days and unfortunately the PlayStation 5 isn’t spared either, as Sony has now announced on the PlayStation Blog. We summarize the most important points for you.

PlayStation 5: Sony announces a price increase

Whether food or technology, our wallets are currently suffering a lot. Now Sony has announced that the PlayStation 5 becomes significantly more expensive in many countries – This also includes Europe and thus German-speaking countries such as Germany, Switzerland and Austria.

In Europe, the PS5 will cost in the future:

  • With drive: 549.99 euros instead of 499.99 euros.
  • Digital Edition: 449.99 euros instead of 399.99 euros.

That’s a hefty increase, effective immediately. The only exception is Japan – there the new price will not take effect until September 15, 2022.

The company gives the reason high inflation rates and unfavorable currency trends that put both consumers and many industries under pressure. It is with a heavy heart that Sony Interactive Entertainment decided to increase the recommended retail price (RRP).

The price in the United States remains unchanged because the console is already more expensive there than in most other countries due to taxes (source: Sony).

You already have the PS5 and want to transfer data from the PS4? Thats how it works:

PlayStation 5 is getting more expensive – how is the community reacting?

They react in the comments Fans mostly upsetbut others are not even surprised by this decision.

This is really a stupid move, we’re still in cross-gen territory and you’re raising the prices. First $70 for new first-party games and now this. I’m pretty sure this won’t end well for both Sony and consumers, writes navid1383.

It’s a way to lose market share, great move folks… It seems some of you have already forgotten what happened during the PS3 generation because you keep making the same mistakes, according to DAV_2 -0.

bedhead1, however, is surprised by the negative reactions from the fans:

I’m not shocked, inflation is already over 11% here in the UK and headed straight for 17%. I don’t know why the ‘gamers’ are so shocked.
However, I think it would have been wiser to artificially inflate the MSRP with game bundles like HFW’s. This prevents bad PR, and people actually get a little more for the extra cost.
Anyway, I’m glad I got mine to start with.

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