Also, Switch 2 is now 44% less expensive than PS5. If Nintendo accepts to take some loses on hardware they are poised to have the affordable gaming console option now. Similar niche to Series S a few years ago

I think Nintendo is more willing to take the hit as they want/need to grow the Switch 2 userbase as fast as possible, while there are already over 90M PS5s sold.

I mean, I think we’re in agreement that this is a bad call as far as moving hardware units is concerned… but I’m confused how this makes Sony a “POS”? I can assure you that Sony isn’t jumping with joy knowing that sales are about to really slow down… plus we’re talking video games. We aren’t talking about a product that consumers *need* in order to properly function in the short-term. People will simply not purchase the luxury product; we aren’t talking about prescription drugs or gasoline.

I've got a new video discussing the PS5 price increase and comparing it to the price of the Xbox Series X. 

For those wondering PS5 price matches the Series X in the US, but is now MORE expensive in the UK and Europe.

At least we can all agree the ps6 has a zero percent change of being $600, yeah?

This was reported 1 month ago.

https://www.google.com/amp/s/www.techpowerup.com/346519/sony-prioritizing-monetization-of-current-ps5-user-base-in-fight-to-counter-rising-memory-costs%3famp

"company leadership discussed the current impact of climbing computer memory costs. In particular, they anticipate new strategies that will ensure minimal price fluctuations affecting core PlayStation 5 hardware"

It will be 700 and without a disc drive (sold separately for 80 USD) I'm calling it now lol 

Hope if won't come until 2030. There is a total of 0 games currently that I feel "this needs a better console", unlike PS4 era when by 2019 I was already convinced the system needed replacement 

What a bunch of assholes, increase of 100 USD is now "minimal price fluctuations"? Really? 

Unless those reports were wrong, there needs to be immediate accountability by the CFO for saying something like that when the price would increase massively 1 month later.

That's a big part of my anger about this thing right now, even as the price increase was insane by itself.

Talking about securing deals to the end of 2026 and ways to prevent prices going up for the console and immediatly raising them by 100 and 150 is outrageous.

Are you sure they weren't talking about the current fiscal year?

But yeah, hoping consumers respond strongly and sales nose dive.

For sure the market conditions are tough but £100 price hike in one fell swoop, am I to imagine they were selling the system at that much of a loss until now? Of course they could doing such a huge increase now so they don't have to next year if things continue to get worse.

Anyway hoping Nintendo stays their supposed course and benefits if they keep their prices lower