Because all R&D would have been done years ago in all likelihood. To redesign would be throwing a lot of money down the toilet.

I bet I wake up tomorrow and nothing happens.

I certainly hope so because this would just be too much. At this point though, the generation has tossed out everything we thought we knew about how the gaming industry operated. So nothing would surprise me anymore.

If this really happens, no GTA game is gonna push PS5 sales to the stratosphere like some people were claiming, specially if its price tag is also this expensive

getting close to $1000 is crazy work for a console

Sony CFO said last month that they were securing components to last until the year's end and that they would combat rising prices by "monetizing the installed base".

I expect PS Plus to raise in price, not the PS5.

If the PS5 does raise in price, unless there was some major mistranslation or reports were putting word in her mouth, Sony is due some really hard bashing.

Well, if price raises they are due to that regardless, that's shameful.

Playstation is a small potatoes product in the grand scheme of thing, they're likely not getting much of a discount on component costs or any priority on those at all. A company like Apple can push their weight around but they ship more iPhones in a quarter than Sony does Playstations in 2 years+. 

If I'm a RAM or HDD supplier, I want my full quote for each and every unit given that I could sell those things at a premium to a dozen AI vendors. 

Did you read my post?

The issue is the CFO reportedly hinted to no price hikes for the PS5 just last month.

So unless the reports were wrong, that would be a big issue, saying something one month and doing the exact opposite the next.

I get that they're trying to mitigate price increases, but that doesn't mean they can just say "hey give us frozen pricing from 6 months ago on components". That's not realistic. Sony doesn't have that kind of sway. 16-17 million Playstations per year is not a ton ... unlikely a vendor is willing to give them a massive discount or get them off the hook from price increases, they might be able to get ahead of even worse price increases to some degree, but even that I would say realistically don't expect miracles. 

The DRAM manufacturers have already said as much. All money upfront or bugger off, although; Sony would have already signed multi-year contracts for supply. How long those last for is anyone's guess, but then again; they have already raised prices, so potentially not that long term.