Sony refuses to be drawn on whether it could raise the price of PS5 | VGC

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Sony refuses to be drawn on whether it could raise the price of PS5 | VGC
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Sony has refused to be drawn on whether current economic pressures could lead the company to increase the price of the PlayStation 5.

In April Sony raised the Japanese prices of a range of consumer electronics products including some cameras, Blu-ray players, home theatre systems, headphones and speakers.

In recent months analysts have forecast that products that rely on semiconductors are set to become more expensive as chip makers increase their prices and the companies that buy them in turn pass on the costs to consumers.he expected chip prices to rise about 10-15% in the year ahead. “Margins are already tight on such products, so they have no choice but to raise prices,” O’Donnell said.

It shipped 2.4 million PS5 units during the three months ended June 30, which is less than it had expected, but the company said there was no change to its previously announced forecast of 18 million console sales for the fiscal year.Falling software sales hit the PlayStation division’s sales and profits

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