This week, Microsoft raised the prices of its Xbox consoles, citing 'market conditions' related to tariffs possibly stemming from trade tensions. Analysts warn this is just the initiation of rising costs for all gaming consoles, including the PlayStation 5. Current pricing for PS5 ranges between $450 to $700 depending on the model and could rise significantly. Microsoft’s move could force Sony to either increase prices or leverage its market dominance. Consumers are advised to reconsider purchases due to future pricing uncertainties as inventory levels decrease amidst these pressures.
Just days later, Microsoft hiked the price of new Series S units to $380, and the Series X all the way to $600.
An all-digital PS5 is currently $450. A PS5 with a disc drive is $500. A PS5 Pro is $700.
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