Starting Thursday, you can expect to pay more for a new PlayStation, thanks to "a challenging economic environment."

"As an aside, Nintendo also explored raising prices on Switch 2 when tariffs were temporarily at 10% for Vietnam. Now they're at 20%. This is definitely impacting margins for them. While they may not be willing to raise prices right now, I can see them reconsidering next year [2026]."

Every version of the PlayStation 5 is now $50 more expensive in the U.S., but at least for now, a new deal at GameStop will cover the difference. The meme stock retailer announced it will start giving anyone who trades in their last-gen consoles an extra $50 in-store credit toward the purchase of a new PS5.

California governor Gavin Newsom has reacted to the PlayStation 5 price hike in the US, jokingly thanking US President Donald Trump for making it happen via his controversial tariff strategy. Re-sharing a news story about the PS5 price hike, Newsom, a Democrat, posted on social media, "Great work, Donald Trump!!"

the prices of PlayStation 5 consoles in the US will receive price increases as the company continues to "navigate a challenging economic environment," and in layman's terms, that well and truly sucks. Both versions of the PS5 Slim and the upgraded PS5 Pro ...

PS5 games that normally cost $60 are on sale for just $6 for a limited time, thanks to a new PlayStation Store sale.