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Sony Hikes PlayStation Prices Amid ‘Challenging' Climate
Sony GroupSony Group(US:SONY) PYMNTS.com·2025-08-21 15:21

Such price increases would have been inconceivable a decade ago, as console makers typically lowered prices because of aging hardware, the report said. However, tariffs imposed by the White House have made it more expensive to bring consoles to the United States and are affecting shipping rates, as well as manufacturing and assembling costs. Tariff-related costs and a decline in consumer confidence have led to a drop in spending and caused many retailers to lower their forecasts. During an earnings call Wed ...