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"It wouldn't be a surprise if Microsoft and Nintendo followed suit" - Analyst reacts to PlayStation's shock price rise as industry braces for more uncertainty

Sony has announced a significant price increase for the PlayStation 5, citing global economic pressures and component cost increases. Industry analyst Piers Harding-Rolls suggests Microsoft and Nintendo may follow suit. This price hike comes at an awkward time with the highly anticipated Grand Theft Auto 6 expected later this year.

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