PS5 Price Hike Signals Tougher Era for Console Buyers

Sony is raising PS5 prices for the second time in under a year, with the Digital Edition at $600, standard at $650, and Pro at $900, effective April 2. Sony cites global economic pressures and higher RAM/storage costs (the so-called RAMageddon) to protect margins, raising concerns that consumers—especially cheaper- or mobile-focused players—will be squeezed and that hardware costs may stay high through 2027–2030. Analysts say other makers (Switch 2, Xbox) could follow, while GTA 6 remains a major driver but may not offset the higher costs for buyers.