Sony hikes price of ageing PlayStation 5 console in Japan by 19%
SONYSony Group(SONY) CNBC·2024-08-27 20:11

Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market.The Japanese gaming giant said its suggested retail price for the PS5 is now 79,980 yen ($553), up 19% from the previous price. The hike will take effect from Sept. 2.Sony cited a challenging external environment, including fluctuations in the global economy, as the reason for the price increase. ...