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I feel like people are forgetting PS5 is a premium device while the economy is plummeting. That price is weirdly placed, why would you do a temporary one if you had sold all the units you wanted in the first place ? No one wants to cut the price for no reason. They weren't meeting the numbers they expected and are trying to boost this quarter's numbers since they are probably not looking so good.

PS5's high price point could also play against them in the Christmas season. Not every family will be able to afford it in this period and after a few years, that target audience becomes more and more into play.