Dear PlayStation Fans: Trickle-Down Economics Isn't Real!

[Chrkeller]

Azzanation said:

Hynad said:

Reasons were given for the PS5 price increase.

https://blog.playstation.com/2022/08/25/ps5-price-to-increase-in-select-markets-due-to-global-economic-environment-including-high-inflation-rates/

That you accept those reasons or not due to your own well known biases is a topic of its own. 

And you actually believe that? meanwhile they continue to sellout of hardware daily and profit billions from their previous buisness model? Sad if true. 

Bias has nothing to do with price hikes. Take the goggles off for once and see what is actually happening around you. They want $50 more because they know they can, not because they need to.

Chrkeller said:

Business is business. The ps5 sells out immediately and Sony can easily raise the price.... so they did. Pretty simple. Consumers dictate prices, not companies. The Switch is a great example. Could Nintendo reduce the price? For sure... but why would they? Nintendo has shareholders to satisfy. Corporations aren't going to leave money on the table.

Customers dictate the discounted price, that part is true, but not price hikes. Thats pure Corporate greed.

100% disagree.  If nobody buys a ps5 at $550 Sony will lower the price immediately.  If people buy the ps5 at $550 Sony will keep said price.  Consumers dictate pricing.