Sony Raises PS5 Prices by $100

0:00On March 27th, Sony is raising prices on the PlayStation 5 again, this time by $100 across most models. It's the second increase in less than a year. Starting next Thursday, the standard disk version will cost $649.99 in the United States, while the digital edition jumps to $599.99. The new PlayStation 5 Pro sees a $150 bum to $899.99. The company is applying similar hikes in places like the United Kingdom, Europe, and Japan. Officials point to ongoing global economic challenges, including United States tariffs on trading partners and supply disruptions from the war end. Iran, now in its fourth week. Gamers will fill the pinch as everyday electronics get pricier amid these pressures. A key issue is Iran's recent attack on Qatar's natural gas facility, which shut down operations and cut helium exports by 14%. Qatar provides about a third of the world's helium, vital

1:02for making computer chips and consoles in other tech. Sony insists the move helps sustain high quality gaming, despite the hit to fans. Meanwhile, the company's profits rose 11% in the latest quarter to about $2.4 billion, leading to an upbeat full year. Forecast. Rival Microsoft hikes some expats prices back in September for similar economic reasons. With the conflict dragging on, more electronics costs could follow suit, but Sony remains committed to innovation for players everywhere. Entertainment and celebrity news. Today, powered by AI bringing you what's trending. I'm Corey with the story.