Microsoft responds to PlayStation 5 price hike news

Microsoft responds to PlayStation 5 price hike news

Following Sony’s announcement that it will be raising the price of PlayStation 5 in select countries, Microsoft has responded to the news, merely noting that existing Xbox Series X/S prices remain the same.

Sony announced it would be increasing the cost of PlayStation 5 – in response to “high global inflation rates, as well as adverse currency trends” – earlier today, with the price hike impacting most markets around the world, effective immediately.

That increase affects both the disc and disc-less models of PS5, and equates to £30 in the UK and €50 in Europe – with similar bumps occurring in Japan, China, Australia, Mexico, and Canada, but not the US for the time being.

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