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Soundwave said:

The profit margins on games are dropping because development costs are going through the roof, Sony knows it. They are pivoting to an Apple style pricing model where more of the profit comes from the hardware itself.

Game Controllers are going to cost a small fortune too, they're bumping the price of PS5 controllers by $5 to $80 now, they're going to push to $95-$100 for PS6, just watch.

They are copying Nvidia with low volume but high margin modelling. They probably already knew that not many people would buy this over a cheaper slim anyway, and know that the few that do what a more powerful machine will pay whatever.