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The PS5 Price Hike Was Inevitable, But What Comes Next?

Sony has announced a second price increase for the PlayStation 5, citing global economic pressures and increased component costs. Industry analysts like Mat Piscatella and Piers Harding-Rolls suggest these price hikes are likely to continue through 2030 and may push consumers towards cheaper gaming options like mobile or PC. Competitors like Microsoft and Nintendo are also facing similar pressures, with Nintendo not ruling out a price increase for the upcoming Switch 2.

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