You can trust VideoGamer. Our team of gaming experts spend hours testing and reviewing the latest games, to ensure you're reading the most comprehensive guide possible. Rest assured, all imagery and advice is unique and original. Check out how we test and review games here
The PlayStation 5 is now significantly more expensive than it was on launch. As the cost of silicon fails to fall and the increasingly fluctuating United States tariff situation continues under the Trump Administration, Sony is now weighing up the potential of even more price hikes of PS5 consoles and software.
In an investor call following the release of the company’s latest financial report, via Eurogamer, Sony explained that it is considering the possibility of more price hikes for its products. This comes after the second round of pricing increases for the consoles in the UK, Australia and New Zealand, and mainland Europe.
PS5 price could increase again
Sony explained that the company has three months of PS5 consoles ready for United States customers. However, the increasing tariff situation may cause the company to “pass on” the cost added by tariffs to US gamers.
“In terms of the tariffs, we are not just simply calculating a simple tariff to come up with 100 Billion Yen, but thinking about the currently available information and also looking at the market trend, we may also pass on the price and also shipment allocation,” said Chief Financial Officer Lin Tao.
As for the future, Sony is considering locally produced hardware for the future of the PlayStation 5. Sony president Hiroki Totoki explained that the company is considering bringing some manufacturing of PS5 consoles to the United States as an “efficient strategy” for the future, but no plans have been made.
“Hardware can of course be produced locally, I think that would be an efficient strategy,” the Sony executive explained. “PS5 is being manufactured in many areas, whether it is going to be manufactured in the US or not – it needs to be considered going forward.”
In the United Kingdom, the PS5 Digital Edition has seen a price hike of £70 since its launch in 2020. While the console could be grabbed for as little as £359.99 back in 2020, gamers now have to spend £429.99 for the same privilege, and that’s without a major tariff situation.
Alongside the price of consoles, Sony has also raised the price of PlayStation Plus subscriptions, and many have also taken issue with the pricing of quick remaster projects as new first-party IP fails to appear.
Nevertheless, with GTA 6 on the horizon, the PS5 is expected to continue selling units well into the future. While it may not outpace the speed of PS4 sales, it’s still a successful console despite its raising price.
About the Author
