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NFTs

Sony Raises Prices of PlayStation 5 consoles

Last updated: August 20, 2025 10:30 pm
Published: 9 months ago
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Expertise Video Games | Misinformation | Conspiracy Theories | Cryptocurrency | NFTs | Movies | TV | Economy | Stocks

Sony announced Wednesday it will increase the prices of the PlayStation 5 consoles in the US, starting Aug. 21. This follows the trend of console manufacturers such as Microsoft and Nintendo raising prices for their hardware in response to tariffs.

The PlayStation maker posted about the pricing on Wednesday. The jump in price, so far, is $50 more than the current price.

The new prices are:

“Similar to many global businesses, we continue to navigate a challenging economic environment,” Sony said in a post about the price increase.

Back in March, Microsoft increased the price of the Xbox Series consoles back in May, and Nintendo hiked the original Switch console price and Switch 2 accessories earlier this month. While the companies didn’t point to the tariffs instituted by President Donald Trump as the reason for the hardware price jump, it would explain the trend in recent months.

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