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Sony Raises Global PS5 and PlayStation Portal Prices Effective April 2

Sony cites higher chip and distribution costs for the move.

Overview

  • Sony, which announced the increases Friday, set new U.S. list prices at $649.99 for the PS5 with disc, $599.99 for the Digital Edition, $899.99 for the PS5 Pro, and $249.99 for the PlayStation Portal.
  • In Europe, console prices rise by €100 and the PlayStation Portal is set at €249.99, a remote-play handheld that streams games from a PS5.
  • The changes take effect worldwide on April 2, with some markets such as Brazil still awaiting confirmed local pricing and timing.
  • Sony attributes the hikes to persistent global economic pressure and higher production and distribution costs, including more expensive semiconductors.
  • This is the second increase in about a year and follows Microsoft's earlier Xbox price hikes, as PS5 lifetime sales exceed 92 million but fell about 16% in the October–December quarter.