Sony does not rule out the price increase for PS5

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Could there actually be a price increase for the PlayStation 5? Also, today’s GameSpot news includes exciting Steam deck news, a Genshin Impact 3.0 teaser, and new updates for the Analogue Pocket.

The PlayStation 5 is flying off the shelves, but due to supply chain issues and other factors, the system has not yet been able to match the sales success of the PlayStation 4.

Sony’s latest earnings briefing shows that the lifespan of the PS5 has reached 21.7 million since launch in November 2020. The PlayStation 4, by comparison, reached 25.4 million units after its first seven quarters on the market.

During a call with investors, Sony was asked about a possible price increase for the PS5, which the company has done to other products in Japan, including speakers, headphones and cameras, due to various factors

According to VGC’s translation of comments from CFO Hiroki Totoki, Sony isn’t ready to comment on the possibility of a price increase for the PS5. “Regarding a possible price increase for the PS5, I can’t give you anything specific about the prices at this point,” the manager said.

While a console price increase would be an unprecedented move, we’ve just seen this happen with Meta Quest 2, which is getting a $100 price increase even in August.

If you’re struggling to get your hands on a PlayStation 5 and have your eye on a Steam deck, there’s great news from Valve! The company issued a statement that it will be able to meet demand sooner than expected and that anyone with a current reservation will receive their handheld by the end of the year.

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