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PlayStation 5 getting price increases in America starting tomorrow Aug 21
- Thread starter LakeOf9
- Start date
Dafegamer
Member
I'm out for Blood
mckmas8808
Mckmaster uses MasterCard to buy Slave drives
Great point. I don't know why I was hoping for something that would be impossible to ask for. And we literally got the price increases pushed back by 3 months too.
Some truth here too.
mckmas8808
Mckmaster uses MasterCard to buy Slave drives
Unless........Sony releases the PS6 in 2028.
Something very major was happening globally in 2022. I just can't remember the name of it................
ZehDon
Member
I wouldn't agree it's always a terrible idea, but I think we both agree there isn't a corporate on Earth who'd eat the Tariffs. It's forced on them, so they pass it along. And if we were just talking about a one-off price increase on the back of The Orange One's tariffs, then I'd probably not have much to say - there's honestly not a whole lot to be done. But the groundhog Sony consult for price increases has been working overtime - citing economics, inflation, currency conversion, costs, and soon-to-be tariffs. At some point, Sony stopped passing along unavoidable increases due to market fluctuations and started toward "more profitable than all prior console generations combined". And now that the market has shown it can survive multiple unnecessary price increases per generation - defended by their biggest whales, no less - they've got a way to generate the profits their GAAS push couldn't: fleece your customers for every red fucking cent until they bleed and the market crashes. They have no competition - they can literally do whatever they want.
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ReBurn
Gold Member
Why?
Dafegamer
Member
So... Why didn't they decrease the price again? I know Covid, blast from the past, but still
Also you're reasonable too usually, as you said yourself that Sony actually has no need to increase the price, someone posted the screenshot
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adamsapple
Or is it just one of Phil's balls in my throat?
Kacho
Gold Member
RickMasters
Member
I can't wait to pay more money for stuff!Gamescom:
Effigenius
Member
Are you living in a bubble? It's not just this. Everything is going up in price because of his tarrifs. And it's just going to get worse. He's hiding it by threatening Amazon and other places so they don't show the customer a breakdown of how badly he is screwing us so he can just lie and say it isn't happening.
yogaflame
Member
The bottom line, even with or without tariffs, inflation is inevitable or unstoppable. That is economics.
At least now , despite of what is happening, there are big gains, not stagnant, and not abused, unlike in the past woke and dei infested previous administration, were jobs are lost because of to much outsourcing, intellectual property rights are stolen and spying worsen, and worse despite of staying in the status quo with WTO, the prices still goes up.
It is much better today and everything will get better and stabilize in the long run. 50 Dollars is just 1 or 2 or 3 days wages, compared to many gains in the economy, and more food in the table and more jobs created, and this price instability will just be temporary as companies adjust to transferring there factories away from China. Price will stabilize.
Just move on.
At least now , despite of what is happening, there are big gains, not stagnant, and not abused, unlike in the past woke and dei infested previous administration, were jobs are lost because of to much outsourcing, intellectual property rights are stolen and spying worsen, and worse despite of staying in the status quo with WTO, the prices still goes up.
It is much better today and everything will get better and stabilize in the long run. 50 Dollars is just 1 or 2 or 3 days wages, compared to many gains in the economy, and more food in the table and more jobs created, and this price instability will just be temporary as companies adjust to transferring there factories away from China. Price will stabilize.
Just move on.
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DevilHunterX0
Member
Sony may start selling the PS5 in wine shops; the older it gets, the more expensive it becomes.
Just another reason why this generation overall is pretty bad for the average consumer. The days of massive price drops and hardware revisions is over. The market isnt expanding you need to extract everything you can from your loyal left overs. It's business 101.
Subscriptions, digital store front and 30% cut of everything makes this shit to bepossible. in the past the would take big losses on hardware, now they won't hardly do it even with making billions in online fees.
Subscriptions, digital store front and 30% cut of everything makes this shit to bepossible. in the past the would take big losses on hardware, now they won't hardly do it even with making billions in online fees.
draliko
Member
PS5 today with today tech can't be 399, let alone ps6 with future tech. 399 is gone forever I believe. Happy to be wrong but I don't think I will be
Hero of Spielberg
Member
This news appears to be going down as well as expected.
Gen.Grievous
Member
At least Europe isn't paying for this.
They stuffed the US channel earlier this year and those are probably sold by now so this was bound to happen. I expected it to be sooner.
They stuffed the US channel earlier this year and those are probably sold by now so this was bound to happen. I expected it to be sooner.
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64gigabyteram
Reverse groomer.
4500 is not 1440p pc card, thats a blender card
bighugeguns
Member
Their GPU prices have become very unreasonable, they'll lose the next generation of gamers entirely if they keep the greed up too much, and they'll have to have something to fall back on should there be any kind of AI bubble that bursts.
64gigabyteram
Reverse groomer.
this is exactly why tariffs can be blamed more than not btw. Even in a scenario where sony's supply chain was not affected by the tariffs, they could just jack up prices anyway & use tariffs as an excuse. even if it were purely greed its still 47iq's fault for giving them a believable out.
its happened with used cars & car parts. prices getting jacked up even tho they shouldnt be affected by tariffs
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TheThreadsThatBindUs
Member
There are no and have never been import tariffs on vg consoles:
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ZehDon
Member
That applies to assembled consoles, sure. And Sony noted "economic pressure" not "tariffs" in their previous price hikes. I haven't seen their financial justifications for this round, though.There are no and have never been import tariffs on vg consoles:
With that said, console components - including controllers and even packaging - could be subject to US tariffs.
And because of globalisation, tariff changes anywhere can ripple out, causing exactly the kind of unstable market conditions we're seeing in a lot of industries. The Orange One's tariffs might not target video game consoles directly, but it could still shake out here none the less.
ecosse_011172
Banned
ecosse_011172
Banned
It's almost as if "regular people" aren't the most important ones for certain powerful people.
Team Andromeda
Member
Well said. I remember Xbox rising the price of Xbox 360 in 2009 and using the exchange rate. Since COVID its seems all corps can get away with asking more and we lap it up
I hope the ones who supported lockdowns are happy with their work
TheThreadsThatBindUs
Member
Part of Trump's entire motivation for applying tariffs was to force companies to move their operations back to the US to create jobs.
So, if they applied tariffs to consoles, they wouldn't tariff components, so that companies could import the components duty-free and do the final assembly in the US.
The mere fact that the whole console has no tariff tells you the same is true for the constituent componentry. It would make no logcal sense to put tariffs on the components and not the assembled whole, since that would punish console makers who do the final assembly in the US and prompt them to push those jobs outside the US.
None of the raw materials going into console parts that are fabricated and assembled in China are being imported from the US. So, any ripple effects from unrelated US tariffs on non-console related materials and components would affect the console supply chain.
You're looking for a boogeyman in US tariffs that isn't there.
jm89
Member
Yeah It's pretty much on sale every quarter.
No one should buy a ps5 at full price, just wait a few weeks and it'll be on sale.
PeteBull
Member
Its more like xbox top heads wanted dead xbox for the most part, us console gamers love competition, coz its good for customer, ps2/og xbox/gcn/dreamcast gen was most competetive and it was amazing for the players- consoles were dirt cheap, all consoles had plethora of high quality exclusive games, companies were fighting recklessly for customers, unlike now unfortunately...
MrJangles
Member
Physiognomonics
Member
It's only PR talk for now. They have done nothing to produce their consoles in US yet. They may well be happy with keeping China to assemble their consoles instead of making expensive investments in US. Current Sony is not known for having any kind of long term strategy.
jm89
Member
Can't say i'm surprised, that's a long wait for the green rangers
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I'm just saying that people naively look at such issues from a one-sided perspective, just exactly as the corporations want.
Businesses want to make as much money as possible and they will, naturally, use any opportunity or excuses they have to do so. If they can blame everything on THE ORANGEEE MAAAAAAN and people won't blame them at all, then they will just continue to increase prices.
I'm not from the United States, but I work for global media companies and help them get richer. When my country had issues with inflation, it was like a snowball, all businesses jumped on this and increased their prices because INFLAAAATIIIOOON, even when it didn't make any sense, like for some services that weren't really influenced. It was ridiculous, but people directed their anger towards just politicians.
Naivety also covers the fact that people think these corporations don't change anything, just increase prices, because bad tariffs and that's it lol. They analyze everything constantly and make necessary changes, needed to minimize their costs and risks. They are thinking everyday what needs to be done to avoid some regulations as well.
All three, Sony, Nintendo, Microsoft are doing their best to f*** as all and they laugh at people screaming bad Trump, bad Trump and then continue to bend over to them. Their marketing departments are heavily involved too
ZehDon
Member
Not even remotely true. Which components are taxed and tariffed and at what rates isn't a generality - often subject to a myriad of complex trade deals and agreements - which is why controllers are tariffed while the consoles you need to use them aren't.
You've failed to understand the point: tariffs on product A creates ripples which impact the pricing of product B - whether simply due to opportunistic pricing, or the long chain of modern global economics. You're you're pretending you can simplify something which isn't simple - which is why you're being told you're wrong in more than one thread.
No, I think you quoted the wrong person. I declared Sony's price hikes a matter of greed, not international trade relations. In my response above I said that while tariffs may be a factor, companies will use it run away with their pricing. Because of greed. Because that's all it is. Better luck next time.
Ashamam
Member
This thread didn't get the definitive truth on console tariffs I see.....
Just to be 100% clear. Consoles made in China attract 30% tariff landed in the US. Made in Vietnam is 20%. Feel free to use the tool I linked in the now locked thread to check the country of origin for your choice. Even better it will tell you any product provided you know the correct code. Those numbers are valid today only btw, who the fuck knows what will happen next week. (*hint this is a huge part of the problem leaving aside outrageously ignoring formal trade agreements and commitments just because he didn't personally sign them. Although even if he did tomorrow is a new day after all*)
tariffs.flexport.com
Yes its more complicated than just a flat tariff because multi-national corporations can elect to pay tariffs without passing them on to the US consumer whilst simultaneously increasing margins in other countries. Which based on various price movements there is a very strong argument they are doing just that for some of the tariff impost. Of course there is a limit to how far they can go because if a competitor doesn't do it then they put themselves at a disadvantage in those countries.
Then there is the profiteering argument, which largely hinges on how elastic the demand for a product is, no point in profiteering if demand will fall off a cliff after all.
But back to normal programming and one liner comments with zero understanding of manufacturing supply chains/ tariffs/ and multi national corporation accounting fuckery and/or a refusal to accept reality because some guy sold you an outright lie and you might feel a bit sheepish admitting it.
Just to be 100% clear. Consoles made in China attract 30% tariff landed in the US. Made in Vietnam is 20%. Feel free to use the tool I linked in the now locked thread to check the country of origin for your choice. Even better it will tell you any product provided you know the correct code. Those numbers are valid today only btw, who the fuck knows what will happen next week. (*hint this is a huge part of the problem leaving aside outrageously ignoring formal trade agreements and commitments just because he didn't personally sign them. Although even if he did tomorrow is a new day after all*)
Tariff Simulator | Flexport
Navigate tariffs with confidence! Instantly calculate duties, spot special rates, and stay ahead of changing trade policies. Get started by simply searching for your product category.
tariffs.flexport.com
Yes its more complicated than just a flat tariff because multi-national corporations can elect to pay tariffs without passing them on to the US consumer whilst simultaneously increasing margins in other countries. Which based on various price movements there is a very strong argument they are doing just that for some of the tariff impost. Of course there is a limit to how far they can go because if a competitor doesn't do it then they put themselves at a disadvantage in those countries.
Then there is the profiteering argument, which largely hinges on how elastic the demand for a product is, no point in profiteering if demand will fall off a cliff after all.
But back to normal programming and one liner comments with zero understanding of manufacturing supply chains/ tariffs/ and multi national corporation accounting fuckery and/or a refusal to accept reality because some guy sold you an outright lie and you might feel a bit sheepish admitting it.
deeptech
Member
Haha, came here to post this. Warriors on strict observation!
Cakeboxer
Member
I mean, a lot of people can't stand it anymore when folks say "everything was better back in the day." But for example, after 5 years the PS4's price had dropped by up to 50%, and now we've even reached the point where old hardware not only doesn't go down in price anymore but actually starts going up.
Heimdall_Xtreme
Hermen Hulst Fanclub's #1 Member
In fact, I'm close to doing that... If Xbox, Nintendo and Playstation continue with this nonsense.
adamsapple
Or is it just one of Phil's balls in my throat?
In fairness that's true of all consoles this gen, even the series S of all things.