Sony raises PS5 console prices in the US

Sony held out longer than Microsoft and Nintendo, but it too is increasing the prices of PlayStation consoles in the US starting on August 21. The standard PS5 (the one with with a disc drive) will now run you $550, up from $500. The Digital Edition is $500, up from $450. The PS5 Pro, meanwhile, will require you to fork over a whopping $750. That’s up from an already-eyewatering $700. In other words, each console got a $50 price bump.

Sony says it’s rolling out the price increases due to (you guessed it) market uncertainty. "Similar to many global businesses, we continue to navigate a challenging economic environment," it said in a blog post. "As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the US starting on August 21."

The silver lining to this is that ...