Amidst U.S. tariffs affecting imports, Sony is considering increasing PlayStation 5 prices to cover an anticipated $680 million loss. During a recent earnings call, CFO Lin Tao indicated that raising prices may be necessary, especially with existing inventory set to run out in about three months. Manufacturing some consoles in the U.S. is a potential long-term solution. This follows recent moves by Microsoft, which increased Xbox Series X prices by $100. High tariffs could lead to dramatic price hikes of up to $1,000 for PS5 models, severely impacting consumer purchasing decisions.
American consumers would pay $12 billion more for video game consoles, leading to a 73 percent reduction in overall console purchases due to tariff impacts.
Sony may consider raising PS5 prices in response to tariffs, potentially leading to $600-$700 for standard consoles and up to $1,000 for Pro versions.
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