Sony Group has announced a new round of price hikes for its PlayStation 5 range, its second in a year, as rising component costs continue to put pressure on the gaming giant. Rumors about Sony canceling Spider-Man also surfaced this week.
New prices will take effect in April
Starting on April 2, U.S. consumers will see a huge jump in the PS5 lineup:
Standard PS5: $649.99 (regularly $549.99)
Digital Edition: $599.99
PS5 Pro: $899.99
PlayStation Portal: $249.99 (was $199.99)
Price increases will also extend to European and Japanese markets.
why prices rise
The main driving factor behind the price increase is the rising cost of key components, especially memory chips. The global push for artificial intelligence infrastructure has shifted supply priorities, with manufacturers focusing on higher-margin data center hardware rather than consumer electronics.
Impact on the gaming industry
Analysts have warned that soaring prices could slow momentum in the broader games market, especially as consoles remain central to the ecosystem.
Recent data has pointed to weak demand. Sony reported that PS5 sales fell 16% year-over-year to 8 million units during the key October-December holiday quarter. The console’s life cycle is now about six years old.
Meanwhile, Epic Games recently cited sluggish console sales as one of the reasons for its decision to lay off 1,000 people.
Xbox price increases
Sony isn’t the only company raising prices. Microsoft imposed a similar price increase on its Xbox gaming console last year, reflecting broader industry-wide cost pressures.
In August, Sony had raised the price of the PS5 in the United States by about $50.
How much will the PS5, PS5 Digital Edition, and PS5 Pro cost?
us
PS5 – $649.99
PS5 Digital Edition – $599.99
PS5 Pro – $899.99
PS5 Digital Edition – £519.99
PS5 Pro – £789.99
PS5 Digital Edition – €599.99
PS5 Pro – €899.99
PS5 Digital Edition – 89,980 yen
PS5 Pro – 137,980 yen
PlayStation Portal price increase
United States – $249.99
UK – £219.99
Europe – €249.99
Japan – ¥39,980
Is Sony canceling Spider-Man?
Meanwhile, rumors surfaced this week that Sony Pictures and Marvel Studios were canceling Spider-Man . Inside The Magic reports that Sony has confirmed that Spider-Man: Beyond the Spider-Verse (2027) will conclude the current Spider-Man storyline centered on Miles Morales.
Producers Phil Lord and Chris Miller have revealed that the upcoming film is intended to wrap up the trilogy that began in 2018, effectively closing this chapter of the animated saga.
What is the truth?
However, the rumors were not true. There has been no official confirmation from Sony or Marvel. Inside the Magic’s report cited no sources.
