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Forums - Sony - PS5 and PS Portal Price Increase Confirmed [Update]

BraLoD said:

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"

Plans change… or maybe Sony was merely engaging in “investor talk.”



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Otter said:
BraLoD said:

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

Thr article I read was saying about "thought 2026" not the current fiscal year, I also remember some other article mentioning it to last the "year end sales period", I'll link you the former but I can't remember where I read the later.

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

It would also not make sense to discuss strategies to prevent fluctuations for the period of just a single month, March, which would mark the end of the fiscal year, tho.



firebush03 said:
BraLoD said:

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"

Plans change… or maybe Sony was merely engaging in “investor talk.”

Doesn't matter, if the CFO really did say that, it needs to be confronted about it. You can't just say whatever you want when talking to investors.

In the case she did not say it and it was badly reported, then the reports need to be addressed because it clearly wasn't ok to report it like that.



Future game hardware costs are cooked, lol. PS6 will be $700+, Helix $1000+, 60-series graphics card $2000+ for the card alone. Dunno if Nintendo will hold tight on Switch 2, but likely a price increase is in the cards there too. I would get a Switch 2 now unless you cannot live without an OLED version.

This might give Switch 1 and Switch Lite a longer leash on life though.



When the PS3 launched, Sony was losing 200-300 dollars on each console sold because back then, the industry practice was to recoup via software. If they wanted the prices to come down now, they could easily do it. They do not want to. Because people will now pay whatever they're told to pay.



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And then these companies and analysts will be complaining that the market is "shrinking" or "not growing". No sh*t Sherlock! What the heck did you all expect?



Whaat...the. fugggck.
This is insane.
I rather spend 100 bucks on a retro game that 650euro on a ps5.



 

My youtube gaming page.

http://www.youtube.com/user/klaudkil

Good thing this didnt happened at the beginning of the gen. Lots of people should have a ps5 by now.



That's a steep increase. Kinda regret not buying a PS5 during the holiday sale. I wonder at what point sales will severely suffer from all the price increases. And I really hope Nintendo won't follow suit (I guess it was a good thing they only went with 12 gigs of RAM, after all). The current market conditions just suck. Imagine what a 249$ PS5 could have sold lifetime.



Steep. People who don't have a PS5 or need a replacement are pretty screwed.
If I have to replace my PS5 for any reason, I'd probably have to get a used one and that would still probably be over $350 at least.



Lifetime Sales Predictions 

Switch: 161 million (was 73 million, then 96 million, then 113 million, then 125 million, then 144 million, then 151 million, then 156 million)

PS5: 122 million (was 105 million, then 115 million) Xbox Series X/S: 38 million (was 60 million, then 67 million, then 57 million. then 48 million. then 40 million)

Switch 2: 120 million (was 116 million)

PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)

3DS: 75.5 mil (was 73, then 77 million)

"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima