this post was submitted on 20 Aug 2025
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Sony just announced a USD$50 increase to all their PS5 models literally the day MS said this. MS are just waiting to see what the market is doing so they can jack the price up to meet it. They don't want to announce $500 if everyone else jumps up to $600.
These are premium, low volume, enthusiast devices - the exact price doesn't really matter before it releases. The people that are buying one are already going to buy one, and we know the general price range that it will be in.