{"id":30084,"date":"2022-08-26T15:28:45","date_gmt":"2022-08-26T14:28:45","guid":{"rendered":"http:\/\/pley2win.com\/playstation\/ps5-is-the-only-console-getting-a-price-increase-ahead-of-holiday\/"},"modified":"2022-08-26T15:28:45","modified_gmt":"2022-08-26T14:28:45","slug":"ps5-is-the-only-console-getting-a-price-increase-ahead-of-holiday","status":"publish","type":"post","link":"https:\/\/pley2win.com\/?p=30084","title":{"rendered":"PS5 Is the Only Console Getting a Price Increase Ahead of Holiday"},"content":{"rendered":"


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It looks like Sony is alone in its PS5 price increase<\/strong> shenanigans as both Microsoft and Nintendo have released statements stating that they won\u2019t be increasing prices of their respective consoles at this time\u2026 at least not ahead of the year\u2019s prime shopping season. This undoubtedly hands an advantage to Microsoft in regions where the PS5 will be bumped up in price (which is pretty much everywhere except the United States).<\/p>\n

Microsoft and Nintendo statements following PS5 price increase<\/h2>\n

\"PS5

Yesterday, Microsoft told Eurogamer that it is \u201cconstantly evaluating our business to offer our fans great gaming options.\u201d As such, the \u201cXbox Series S suggested retail price remains from \u00a3249.99 and the Xbox Series X is from \u00a3449.99\u201d in the UK. Today, Nintendo sent a statement over to the publication stating that it has \u201cno plans to increase the trade price of its hardware.\u201d<\/p>\n

Interestingly, analysts don\u2019t think that the PS5 price increase will have much of an impact on sales. Sony enjoys immense popularity in regions where it has bumped up the price of its hardware. The United States, where it often locks horns with Xbox, remains unaffected. That said, Xbox Series X\/S has showed a lot of potential in Europe and has more stock availability than PS5 so we do expect Sony to lose out in countries like the UK this Christmas.<\/p>\n

\u201cWe\u2019re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,\u201d SIE CEO Jim Ryan explained yesterday. \u201cBased on these challenging economic conditions, SIE has made the difficult decision to increase the recommended retail price\u00a0of PlayStation 5 in select markets.\u201d<\/p>\n

It remains to be seen if Microsoft and Nintendo will follow suit next year.<\/p>\n

In other news, Hogwarts Legacy will come with a PlayStation-exclusive quest, and Horizon Zero Dawn Netflix series is being produced by Umbrella Academy\u2019s Steve Blackman.<\/p>\n<\/p><\/div>\n