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

Wman1996 said:

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.

Facebook Marketplace has used PS5 consoles on sales for as low as $300-350USD. (And yes, this is with a disc drive.)



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The Switch 2 might just be the last console I ever buy.



JackHandy said:

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.

What's especially crazy is that with the PS3, Sony lost over $4 billion that gen. The only time PlayStation was never profitable.

PS5 gen, Sony has made more money than all other gens COMBINED......I have no idea how this is possible.



You called down the thunder, now reap the whirlwind

I didn't expect this to happen so soon but here it is. Sony will still offer discounts during the holidays I imagine and things should be fine in April since this won't take effect everywhere all at once but PS5 sales are gonna be a bit crap May-October now and even crappier throughout 2027. They've sold so many already that it's not that big of a deal but outselling the PS4 just got a lot less likely though and this makes me think they might still launch the PS6 next year after all if that was the plan cause PS5 sales are gonna get pretty low next year. For that the question now is if it'll be more or less than 1k at launch. Also the PS5 Pro was mocked for its initial price but the people who bought it for that ended up getting a great deal.

Xbox Series should get another price increase soon though that'll make it sales even more dead than it is currently so I'm wondering how long till the Switch 2 gets one. As mentioned it would make sense for Nintendo to hold out and bear the pain for a stretch to build up the install base some more first. If it's anytime soon though the Switch 2 will be falling behind the Switch 1 sooner than I and most people were expecting. Overall the console industry is gonna be in a notably rougher place a couple years from now.



G2ThaUNiT said:
JackHandy said:

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.

What's especially crazy is that with the PS3, Sony lost over $4 billion that gen. The only time PlayStation was never profitable.

PS5 gen, Sony has made more money than all other gens COMBINED......I have no idea how this is possible.

Well, for starters, they're making a killing on live services and digital content. And second, as mentioned, they're selling consoles at profit and no longer subsidizing them like they did during the PS1-PS3 eras. Those two things combined equal CACHIIINNNGGGGG!



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The good old days



我是广州人

JackHandy said:
G2ThaUNiT said:

What's especially crazy is that with the PS3, Sony lost over $4 billion that gen. The only time PlayStation was never profitable.

PS5 gen, Sony has made more money than all other gens COMBINED......I have no idea how this is possible.

Well, for starters, they're making a killing on live services and digital content. And second, as mentioned, they're selling consoles at profit and no longer subsidizing them like they did during the PS1-PS3 eras. Those two things combined equal CACHIIINNNGGGGG!

The worst part, as a corporation, there is no going back. We're getting a stark sneak peak and how console gaming will be going forward.

They had already previously mentioned the idea of further monetizing the existing PS5 playerbase. We should expect PS+ price increases soon as well. God forbid they increase first-party games to $80 as well.



You called down the thunder, now reap the whirlwind

rapsuperstar31 said:

The Switch 2 might just be the last console I ever buy.

Fair. I'd feel the same, but the Nintendo titles keep me coming back. I bought a Wii U back in 2014 for crying out loud when there were warning signs that it wouldn't be the smartest purchase or lasting console.

The odds that even in the 2030s when Switch 2 gets a successor that Nintendo titles (namely new ones) get PC releases is very slim. Nintendo is the last holdout for good reason.

I might be done with PlayStation after PS5, especially if PS6 has no disc drive add-on. If PS6 is $900-$1100 you're probably over halfway to a Gaming PC at that point even with increasing costs to build Gaming PCs.



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

JackHandy said:

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.

You can't do crazy shit like that anymore anyway, the rise of retail stock investors thanks to online investing and easy trading on phones means a company's stock price would TANK today if they took yearly loses like that these days. World is a different place from 2000-2006. There's so many more retail and day traders today that sniff out every part of weakness in a company. 

Last edited by Soundwave - 5 days ago

Soundwave said:
JackHandy said:

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.

You can't do crazy shit like that anymore anyway, the rise of retail stock investors thanks to online investing and easy trading on phones means a company's stock price would TANK today if they took yearly loses like that these days. World is a different place from 2000-2006. There's so many more retail and day traders today that sniff out every part of weakness in a company. 

Iwata was the spearhead behind 3DS getting a massive price cut of about a third only about 6 months or so since the international launch. He knew it would mean the hardware itself was sold at a loss but did it to appeal to customers and sell software. Plus, the Ambassador games with NES and GBA for early adopters.

It paid off. 3DS was a hit and laid the foundation for the massive success of Switch. And 3DS helped offset the failing Wii U. 

You indeed can't do stuff like that most of the time anymore due to massive pressure from fellow board members and investors. 



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