Forum - View topicNEWS: Sony Raises Price of PlayStation 5 in U.S.
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Firefly251
Posts: 454 |
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Just reminder: in event all these tariffs vanished the price wouldn't go down.
Covid taught us that price goes up but never back down. |
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RedComet91
 Posts: 51 Location: Aguascalientes, Mexico |
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It really is insane to me that the console has already been out for half a decade, yet the price just keeps on increasing.
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AiddonValentine
 Posts: 2951 |
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All I can say is, everyone knows who's responsible for this, and trying to skirt around it is gutless
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Cypher997
Posts: 192 |
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This is happening due to a certain tangerine that's in office and the people who voted for that tangerine should remember it as the sticker shock hits their wallets. That's about as polite as I can put it.
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Beatdigga
 Posts: 5148 Location: New York |
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Not immediately, but if the tariffs vanish after the 2026 midterms, there will be sales. Something has to give economically but everyone agrees tariffs suck and are useless. |
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mdo7
 Posts: 8229 Location: Katy, Texas, USA |
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I've first heard about this via social media even before I just logged in to ANN. Yes, the tariff is the cause of the price hike for the PS5 along with other things like vegetables and meat. |
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Cypher997
Posts: 192 |
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Let me remind you that the current party in power is doing everything they can to stack the deck for the 2026 midterms, that will make the current tariffs the least of our economic concerns. |
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Greed1914
 Posts: 5357 |
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It was bound to happen. Upping the price in smaller markets to try to subsidize the bigger one isn't viable either long term or at the rates set. Doing it again would probably price the PS5 out of those markets entirely. Once again, we're seeing that the result of tariffs isn't that the product is made domestically, or that the for-profit company decides to be nice and eat it. The result is that the end customer pays more or goes without.
I'm not a fan of how price increases like this are happening with a day's notice, but I suppose that works to the companies' advantage. Instead of waiting for a sale, now people are more likely to buy before it gets worse.
For sure. There have been all sort of reasons given for why prices ballooned, and even as those alleviated, nothing went back to before. |
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kgw
 Posts: 1541 Location: Spain, EU |
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As long as people keep paying for those prices, they will never go down. After all, why the companies should renounce to "free" money? /s |
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Minos_Kurumada
Posts: 1442 |
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Inflation in general its a side effect of the stimulus packages many countries implemented after and during covid that overheated the economy, remember how just a couple of years ago Biden was telling companies to rise salaries because they couldn't get workers
The increment of the interest rates to contain this inflation then caused a recession and now nobody is hiring and Trump is trying to get the FED to drop the interest rates which would be a really bad thing. The EU are a bunch of headless chickens like always and China is building pharaonic projects to artificially raise their GDP like always so nobody can fix this mess. The current situation was predicted by every Austriac echonomist worth his salt 6 years ago, companies are blind and trying to squeeze every penny because they have no idea of what could happen tomorrow. Vote for a Peronist: get a Peronist mess. |
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FireChick
 Subscriber Posts: 2764 Location: United States |
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Thanks a lot, ya damn orange manbaby!!!
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hikura
Posts: 589 |
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You mean the oompa loompa. I am not surprised the prices are going up,Considering what nintendo did. |
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CreativelyFwrd
Posts: 99 |
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How many people actually base their voting decision based on how much a PS5 costs? The average person who voted for Trump will see the news and read Trump deported 18,000 illegal immigrants in one month or illegal immigration is down and probably care more about that than the PS5 costing 10% more now. Maybe I'm giving people too much credit though and there are single issue voters who only care about how much a video game console costs and having to pay a bit more is the ultimate dealbreaker for them.
"The United States has collected $100 billion in tariff revenue since April, when a large swath of Trump’s global tariffs went into effect, according to Treasury Department data through July. " I understand people not liking to pay more money for things but 100 billion revenue in 4 months doesn't seem "useless" to me. They seem to be bringing in the money.
I read an article today how McDonalds is going to slash their prices by 15% because no one was going there anymore due to the costs. Essentially if you want to see prices go down you have to stop buying from companies and force them to accommodate you And I'm sure if people start buying McDs again they'll eventually slowly bump the prices up again to see how much customers are willing to pay and stick around again. It's an eternal song and dance between companies and customers. |
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Cypher997
Posts: 192 |
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I refuse to associate oompa loompa's with that moldy tangerine, at least with oompa loompa's you have a sense of humor (albeit dark humor) from them. Nothing funny about the tangerine in charge, nor the same ilk that voted for said tangerine. Not to mention there has been pressure from a certain group from Australia causing issues for gaming platforms (Steam, itch .io, GOG) and payment processors (Visa, Matercard, Paypal). They've been ramping up their attacks as of recent, and counter campaigns against what said group has been doing have responded in kind. |
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AiddonValentine
Posts: 2951 |
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Two things: 1) He campaigned on bringing down prices so them going up a direct contradiction of what he claimed he was going to do. That's everything from everyday groceries to consumer goods. 2) Notably that tax revenue came from Americans. These are a cost to American businesses, it is affecting Americans. Mostly because he clearly doesn't understand what tariffs are. They aren't extra money other countries are paying us, they're extra taxes businesses pay in order to access other markets. And considering how there are things that plain don't exist in America or are scarce (coffee, tea, olive oil, a lot of minerals) that's not good. |
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