Sony is shooting itself in the foot with the PS5 price increase
- August 29, 2024
- 0
As you may remember, we told you just two days ago Sony has increased the price of the PS5and which has done so in a more than considerable
As you may remember, we told you just two days ago Sony has increased the price of the PS5and which has done so in a more than considerable
As you may remember, we told you just two days ago Sony has increased the price of the PS5and which has done so in a more than considerable way. Of course, the increase only applies to Japan at the moment, although the reasons for it are not limited exclusively to its local market, so there is nothing to prevent us from seeing it transfer to the rest of the markets where the console is distributed, that is, practically all of them, in the short term.
Specifically, as we told you, there was an increase in prices, which when converted from yen to dollars, we see that It costs around $90. And this measure is not limited exclusively to consoles, we also find them in its peripherals, which therefore we understand that they face the same problem that the Japanese technology company argues to justify this new price increase, which, remember, is not the first that we have seen in the lifetime of the PS5 cycle on the market.
This also has a derivative that we need to consider. After a long wait, all indications are that the PS5 Pro will be unveiled sooner rather than later. And what happens if it is introduced and launched right after Sony raises the price of the standard version of the console? Well, actually what my colleague Isidro said yesterday, and that’s all The PS5 Pro aims to be the most expensive console in Sony’s history. A luxury that Sony can afford, yes, because it is the overwhelming winner of the console war this generation.
Just because he won doesn’t mean his rival is gone, and this latest move may take a toll on him. Because? Because, as we can read in Wccftech, The increase in the price of the PS5 in Japan caused a significant increase in sales of the Xbox Series in the country. Specifically, as we read in the said publication, Microsoft’s console ranked 8th in sales in the console and video game rankings, which is a spectacular growth considering that it was not even in the top 100 just a few days ago.
Microsoft has always had a tough time with the Xbox in the Japanese marketwhich is home Sony. However, the PS5’s price increase, which also saw much of the available stock sold out before the increase took effect, has made it a much more attractive option now that it’s available and priced around $100 lower. for Japanese players. Will Sony respond by cutting the price again? That doesn’t look like it will happen in the short term, but if the increase doesn’t reverse later, it could provide the best selling point to its main rival.
Source: Muy Computer
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.