According to a new rumor, PlayStation 5 will significantly increase the price in Europe. Released in 2020, the PlayStation 5 was released around the same time as the Xbox Series X. Despite being released so close to Microsoft's consoles, the PS5 has quickly established itself as the preferred platform for playing the biggest releases of the current generation of consoles. Much of this is due to the system's array of first-party exclusives, incl Marvel's Spider-Man 2, Astro Botand Ghost of Yotei.
This year marks the PS5's sixth anniversary, but it doesn't look like Sony will be moving on to the next generation anytime soon. Rumors have suggested that Sony will release the next system in 2027, but analysts are now predicting that the PS6 may not arrive until 2028 or 2029. If true, this could disappoint some PlayStation fans, but the high cost of RAM could make it difficult for the new system to launch. The PS5 was notoriously hard to find in the system's first year, and Sony may be trying to avoid a repeat of that situation. On the other hand, a delay for PS6 would allow players to take more advantage of the current system.
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An obvious increase in the price of the PS5
In a post on Twitter, user GyoJvfr claims that the PS5 will see a price increase in Europe. The leak says that the PS5 Slim will increase to €649.99, while the PS5 Pro will jump up to €899.99. Converted, that translates to about $750 for the slim model and more than $1,000 for the PS5 Pro. The PS5 Pro was €799.99 at launch in Europe, so this would be a substantial price increase. In addition, GyoJvfr claims that the PS5 Portal will cost €249.99, which translates to almost $290. The leaker couldn't pinpoint exactly when these price increases will take effect, but those planning to buy a PS5 in the near future may want to keep the potential price hikes in mind.
Arrange the covers in the correct US release order.
Start
Arrange the covers in the correct US release order.
Easy (5) Medium (7) Hard (10)
In the past, the price of video game consoles decreased over time as demand decreased and systems became cheaper to manufacture. Those who waited to upgrade from the previous generation of consoles were often rewarded with both cheaper hardware and discounted games. However, this has not been the case in recent years as video game manufacturers compete with other companies for resources. Between RAM shortages, tariffs and rising oil prices, Sony, Microsoft and Nintendo are struggling to manage higher costs and lower margins. Microsoft has had to raise the price of Xbox consoles several times, with the Xbox Series X now costing about $150 more than it did in 2020.
At this point, Sony has yet to confirm the leaked price hike. With everything going on in the video game industry right now, it's easy to assume that these price increases are correct, but there's no way to be sure. If Sony raises the price of the PS5 in Europe, there's no telling if there could be a similar price jump in North America, but it's possible. With high profile games like Grand Theft Auto 6 and Marvel's Wolverine are coming to the PS5 this year, and some gamers may have to dig deep into their pockets to afford a console that can play them. Of course, others may choose to continue playing on whatever system they currently have, be it the base model PS5 or even the PS4. All of these increases make it much harder to justify purchases, and many people could lose out on value as a result.
