""With continued pressures in the global economic landscape, we've made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally," said Isabelle Tomatis, Vice President of Global Marketing at SIE. "We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide.""
"Previously this year, Sony had said it had built a stockpile of consoles to help avoid having to raise the price, and intended on monetizing existing players more, too. Clearly, both of these measures have failed in the face of rising RAM prices, the global economy driving off a cliff for the millionth time and about a hundred other things."
Sony has confirmed a significant price increase for the PS5 and PS Portal, effective April 2, raising prices by $100/€100/£90. This marks a trend where early adopters benefit as prices rise instead of fall. Isabelle Tomatis, Vice President of Global Marketing at SIE, stated that the decision was made due to ongoing pressures in the global economy. Previous strategies to avoid price hikes, including building a stockpile of consoles, have not succeeded amid rising costs and economic challenges.
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