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How strange is it that this console is to be priced considerably higher in its home market than it is in the US. Either that or Sony is hinting that they expe
by ChainOfFools 2y ago
How strange is it that this console is to be priced considerably higher in its home market than it is in the US.
Either that or Sony is hinting that they expect the yen to crash dramatically against the dollar (from 142:1 over 170:1) between now and the end of the year.
- Narishma 2y agoThey recently increased the price of the PS5 in Japan, presumably due to the weak yen.
- _--__--__ 2y agoThe recent price increase was directly because of demand to import PS5s from Japan to China after the release of the Wukong game. I'm not sure exactly why, but importing Japanese consoles was cheaper than buying whichever ones were left in China.
- johnnyanmac 2y ago>I'm not sure exactly why, Simple. This was actually the second price increase in Japan. second one was recent. First one from 2022: https://blog.playstation.com/2022/08/25/ps5-price-to-increase-in-select-markets-due-to-global-economic-environment-including-high-inflation-rates/ https://blog.playstation.com/2022/08/25/ps5-price-to-increas... China was also included on the first one, so I do think the weak yen is a strong factor behind the second increase