Sony Confirms PS5 Price Increase For U.S. Beginning August 21
Sony Interactive Entertainment has announced on the PlayStation Blog that the price for the PS5 and PS5 Pro will be increased in the U.S. starting tomorrow, August 21.
Speaking on the price increase, Isabelle Tomatis, Vice President of Global Marketing for SIE, revealed that the decision was made as a result of the “challenging economic environment,” and confirmed the following new prices
- PlayStation 5 – $549.99
- PlayStation 5 Digital Edition – $499.99
- PlayStation 5 Pro – $749.99
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The PS5 was released in major territories around the globe in November 2020, during the midst of the coronavirus pandemic lockdown. Sony had a successful launch period despite the difficulties of shipping a project during the height of the COVID-19 outbreak, although stock shortages plagued the console for the next 18 months or so. As a result of stock issues, scalpers quickly took advantage of the situation and began reselling PS5s at exorbitant prices online.
Sony has since re-released the PS5 in two more configurations, namely the PS5 Slim (Digital and Disc-based versions) as well as the PS5 Pro, which can be outfitted with a Ultra HD Blu-ray disc drive at an extra cost.
[Source – PlayStation Blog]
