The Brief
Sony is hiking prices for its PlayStation 5 game consoles in the U.S. starting Thursday.
The costs of the consoles are going up by $50, with the company referencing a "challenging economic environment," Forbes reported.
This new change comes following Sony increased prices on the PlayStation 5 by 25% in international markets in April.
Citing a May earnings call, Forbes noted that Sony chief financial officer Lin Tao said President Donald Trump’s tariffs would impact Sony’s hardware, gaming, and semiconductor production, although she didn’t say whether the PlayStation 5 would face price increases.
Which PlayStation consoles will cost more?
By the numbers:
Prices for the consoles are changing with Sony charging $549.99 for the PlayStation 5, which is currently listed for $49