Sony Won't Rule Out PS5 Price Increase | GameSpot News

Could the PlayStation 5 be getting more expensive? Plus Steam Deck availability is improving, Genshin Impact teases its 3.0 update, and and the Analogue Pocket is getting some new features.
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Could a PlayStation 5 price hike actually happen? Plus, exciting Steam Deck news, a Genshin Impact 3.0 tease and new updates to the Analogue Pocket on today’s GameSpot News.

The PlayStation 5 is flying off store shelves, but--due to supply chain issues and other factors--the system has not been able to match the sales success of the PlayStation 4 thus far.

Sony's latest earnings briefing shows that the PS5’s lifetime has reached 21.7 million since launch in November 2020. The PlayStation 4, by comparison, reached 25.4 million units after its first seven quarters on the market.

During a call with investors, Sony was asked about a potential PS5 price increase, something the company has done in Japan with other products, including speakers, headphones, and cameras, due to various factors

According to VGC's translation of comments made CFO Hiroki Totoki, Sony isn't prepared to comment on the possibility of a PS5 price hike. "About a potential price increase for the PS5, at this point in time there is nothing specific I can share with you about prices," the executive said.

While a price increase would be an unprecedented move for a console, we did just see this happen with the Meta Quest 2, which it itself is getting a $100 price hike in August.

If you’ve been struggling to get your hands on a PlayStation 5, and have been eyeing a Steam Deck, some great news from Valve! The company put out a statement that it will be able to meet demand sooner than estimated, and that anyone with a current reservation will be receiving their handheld by the end of the year.

TIMESTAMPS:
00:15 - Potential PS5 price increase
01:24 - Steam Deck supply
02:16 - Genshin Impact 3.0
02:53 - Analogue Pocket OS v1.1 update