PlayStation 5 getting price increases in America starting tomorrow Aug 21

As a Switch 2 enjoyer I only have one thing to say:
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URGENT EDIT:
You're a dumb fuck if you think this isn't due to the tariffs. Companies were always going to pass the cost of the tariffs on to the consumer.
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Nothing - that's literally my point

Q1 earnings have everything to do with the need or lack thereof when it comes to adjusting prices
Launched at 499, according to inflation calcs that today would be 620, this is without the tariffs.
Their Q1 earnings have nothing to do with the price of the console.
 
The question would be, does the PS5 make a profit? If after the tarrifs it doesn't, then a price increase is pretty much unavoidable as I don't think any company is willing to sell their hardware at a loss anymore regardless of profits.
People are confusing a desire to pass on new costs vs a need to do so as a result of tariffs

Mr Moose Mr Moose is confusing this right now
 
Whelp I got all 3 consoles, this gen ps5 , XsX , Switch and now Switch 2. Only one getting significant play outside of my PC is switch/switch 2.

PS6 I will probably skip on and just play my Switch2 and pc. There hasn't been anything really outside of Astrobot that I can't get on my pc. Playing Cyberpunk on my switch 2, and damn its so fun there. I can't wait for more switch 2 releases.


You know I seen this last gen too. I remember in 2019 and 2020, when my ps4 sounded like a jetplane (before getting a ps5 in 2022) the prices for that was not cheaper than launch and they were not in stores. Ever since 2020 everythings been jacked.
 
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Launched at 499, according to inflation calcs that today would be 620, this is without the tariffs.
Their Q1 earnings have nothing to do with the price of the console.
And? Explain to me why the need to pass on that cost to the consumer?

Hint - you're unable to even make sense of my question without referring to Q1 earnings
 
It's actually 34% between 2020-2022.
I should have stated I was going off of memory and may not be 100% accurate, but still a ton. Which is why prices have rose so much.

Launched at 499, according to inflation calcs that today would be 620, this is without the tariffs.
Their Q1 earnings have nothing to do with the price of the console.
Exactly, people foolishly look at numbers instead of understanding purchasing power.

And? Explain to me why the need to pass on that cost to the consumer?

Hint - you're unable to even make sense of my question without referring to Q1 earnings
Are you really asking why inflation effects prices? Are they supposed to eat the costs? Should bread makers in 1920s Germany eaten the billions of marks it cost to produce during the hyperinflation so it could remain 1 mark instead of 1 trillion?
 
And? Explain to me why the need to pass on that cost to the consumer?

Hint - you're unable to even make sense of my question without referring to Q1 earnings
The reason MS, Nintendo and Sony don't keep prices the same is because they don't want to lose more money on the product. Q1 profits have nothing to do with it.
MS stated they were losing 100-200 per console a while ago. Things have got worse since then.
 
Depends what it is. Since even before covid, I find some things didnt change prices one bit. A lot of fruits/vegetables, chicken, pork and bread seems to be the same here (Canada). Heck, even gas prices have come down lately.

And real estate came way down from the peak in 2022 when rates were low. My home is worth the same as 2019. Hasnt appreciated $1 in 6 years. It rocketed up as people tried to beat interest rate hikes, then crashed down when mortgages rates probably tripled.

But electronics seem to have been kept sky high. Tariffs, too much fabricator monopoly, whatever it is. Anything chip related seems fucked.
This is the problem. Why is everything made by 1 monopolistic company. Nintendo was right to not pack the switch with TSMC tech. TSMC is being over-sourced, and apple has first dibs. They know they have a demand and monopoly. Everything from toasters, consoles, gpus, phones, cars and even some intel cpus. Its why we had shortages for a while.

They can't be split as its not an American or European company and our anti-trust laws don't apply (not that they would anyway there are other manufacturers they just aren't as advanced). Hopefully with more plants being brought to the states (will take time) things get better, somehow.
 
People are confusing a desire to pass on new costs vs a need to do so as a result of tariffs

Mr Moose Mr Moose is confusing this right now
I personally don't think any console maker is happy to increase hardware prices at this point as it just slows adoption and software sales and that'll come to bite them in the future. But they also don't appear to be willing to lose money on hardware anymore. Whether that is "need" or "desire" i honestly don't know, it feels like a very superficial question when talking about a company. Apple could probably not charge customers for new iphones for a couple of years and still make a profit, do they need to charge or is is a desire? Sony could certainly eat all the costs and stay afloat, but that goes against what a corporation stands for and I would not expect them to.
 
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Whelp I got all 3 consoles, this gen ps5 , XsX , Switch and now Switch 2. Only one getting significant play outside of my PC is switch/switch 2.

PS6 I will probably skip on and just play my Switch2 and pc. There hasn't been anything really outside of Astrobot that I can't get on my pc. Playing Cyberpunk on my switch 2, and damn its so fun there. I can't wait for more switch 2 releases.


You know I seen this last gen too. I remember in 2019 and 2020, when my ps4 sounded like a jetplane (before getting a ps5 in 2022) the prices for that was not cheaper than launch and they were not in stores. Ever since 2020 everythings been jacked.
No PS5 Pro?

No wonder you don't like PS5. It makes all the difference.
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Sorry fellow americans but it's your turn after europeans and japanese people paid the bills twice already to delay this moment for you.
Nintendo will be next with the Switch 2.
Unfortunately the world is in the hands of idiots taking decisions and companies want to continue to make profits.
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Are they supposed to eat the costs?
to the extent it remains feasible? Absolutely

Are we of the position doing so would somehow make their gaming sector significantly less profitable?

How much of a difference do you really think raising the price on old hardware will make?
 
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Eveyone screaming tariffs and orange man bad... do you really believe this prices would go down if tomorrow the tariffs were canceled ? ... yes tariffs ... but lets also sprinkle some of the old company greed in there too.
You aren't wrong but that's not the entire story either.

While prices wouldn't go back down a lot of them wouldn't have gone up in the first place so the people blaming the big orange retard and tariffs aren't wrong.
 
People will blame inflation then clap at Sony's record breaking quarterly reports. This happens every time.



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Our friend mckmas8808 mckmas8808 was optimistic there won't be the need for a price increase cause of their fantastic results reported just this month.

But I guess the tariff's just took a hold this week.


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I really don't give a shit what the reason is. Console prices have always gone down later in the generation and now that seems to no longer be the case. Meanwhile the financials for all these companies that I've seen seem to be fantastic.

This really is a shitty console generation

I blame Phil Spencer
 
People will blame inflation then clap at Sony's record breaking quarterly reports. This happens every time.
It's happening right now

I'm arguing with two people who acknowledge that Sony is making record breaking profits yet are trying to tell me with a straight face that they had to increase the price of hardware due to tariffs

I really don't give a shit what the reason is. Console prices have always gone down later in the generation and now that seems to no longer be the case. Meanwhile the financials for all these companies that I've seen seem to be fantastic.

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I really don't give a shit what the reason is. Console prices have always gone down later in the generation and now that seems to no longer be the case. Meanwhile the financials for all these companies that I've seen seem to be fantastic.

This really is a shitty console generation

I blame Phil Spencer


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to the extent it remains feasible? Absolutely

Are we of the position doing so would somehow make their gaming sector significantly less profitable?

How much of a difference do you really think raising the price on old hardware will make?
I can't say, not privy to their detailed financials. I would think that, even with crazy inflation, it would hurt more than help and should be put off till the PS6.
 
Anyone here blaming Sony and not Trump are really clueless of what's happening in the US right now.
There's a reason why the US ultimately chose a FREE MARKET and gave up Tariffs. They DIDN'T WORK and only caused financial strain on the people. Then again some people have no clue about American history.
 
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I really don't give a shit what the reason is. Console prices have always gone down later in the generation and now that seems to no longer be the case. Meanwhile the financials for all these companies that I've seen seem to be fantastic.

This really is a shitty console generation

I blame Phil Spencer
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There's a reason why the US ultimately chose a FREE market and gave up Tariffs. They DIDN'T WORK and only caused financial strain on the people. Then again some people have no clue about American history.
No such thing as a free market with a central bank, but you're right about tariffs. Having a central bank is worse than tariffs though.
 
There's a reason why the US ultimately chose a FREE MARKET and gave up Tariffs. They DIDN'T WORK and only caused financial strain on the people. Then again some people have no clue about American history.
We always gotta wait 100 years to repeat the same mistakes so that everyone that could have remembered is dead.
 
No such thing as a free market with a central bank, but you're right about tariffs. Having a central bank is worse than tariffs though.
The price of goods are based on demand/supply and what the market can bear, a "Free" market. Not what one person wakes up, scratches their ass and says "ya know what? Computers Chips should COST MORE because why not". People are really going to see and feel it by the end of the year
 
It's happening right now

I'm arguing with two people who acknowledge that Sony is making record breaking profits yet are trying to tell me with a straight face that they had to increase the price of hardware due to tariff

Contrary to what talking heads from this administration may say, most companies will not "eat" the cost of the tariffs, because that would mean giving up a bunch of their profits for almost no reason.

Therefore, it will be passed on to the consumers, sooner or later. This is simply the latest example. It's neither the first nor the last. Sony is simply acting in their own self-interest.
 
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Nothing - that's literally my point

Q1 earnings have everything to do with the need or lack thereof when it comes to adjusting prices
It isn't about need. You're asking a company to voluntarily give up profits they wouldn't otherwise have to. Which is just retarded.

If they were gonna make 100 million in a quarter and now they're only gonna make 75 million, why should the company and the shareholders eat that? It's not greed it's just capitalism.
 
It isn't about need. You're asking a company to voluntarily give up profits they wouldn't otherwise have to. Which is just retarded.

If they were gonna make 100 million in a quarter and now they're only gonna make 75 million, why should the company and the shareholders eat that? It's not greed it's just capitalism.
Pretty much this. Trying to attribute human traits to large corpos doesn't really work.
 
Tarrifs affect people differently, so it comes down to which side of the fence someone is. And even then it may not align.

Many things like services, commodities and gold/silver etc.... are not tariffed. So people in jobs involving this wont be impacted as much.

People in hard goods are the ones that feel the impact the most in terms of jobs and prices as it's good that get tariffed.

But end of the day, it depends what someone feels is right. I am for any country imposing tariffs to protect their turf. The US is just doing back at countries that have done to US exporters for decades. Thats why so much manufacturing goes overseas. The most chill way of doing business is nobody does tariffs and just let things settle naturally where some countries and businesses win or lose, but govs and businesses dont like doing that. For example, Canada imposing big tariffs and limits on foreign dairy products to protect local dairy farmers. So we get jacked up milk prices. But nobody seems to care since they dont know better or it protects farmers.

I've always been a supporter of jobs and education. So whatever the gov does (assuming it does help) involving these two topics for the greater good I'm for it. Even if it means higher prices, I support it because I can afford it and I believe people should have a shot at having a good job though I can be the cheapest ass on the planet sometimes. Thats ok. And all kids should have good access to education even though I dont even have kids. Whether it's kindergarten or apprentice school or academic college, young people should also have access to good tools to land a job too.
Good point.
This is what others don't get.
And for me, I love gaming and consumer electronics but there are allot of thing that matters most than this things.
 
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