Sony’s recent PlayStation 5 price hike might not be a one-off. Instead, it could be the start of a wider trend across the gaming industry. Speaking to Eurogamer, Ampere Analysis’ Piers Harding-Rolls suggests it “wouldn’t be a surprise” if Microsoft and Nintendo also raise console prices in the near future.
The reasoning is fairly straightforward: the same factors that forced Sony’s hand, like rising memory costs, supply shortages, and inflation, are affecting the entire industry, not just one company.
Why is this happening?
A big part of the problem comes down to components, especially memory. The ongoing global memory shortage, fueled in part by massive demand from AI data centers, is pushing up the…