Critics have pointed out that the price increase does not affect the U.S. market directly, raising concerns that other regions may be compensating for potential losses due to tariffs.

The gaming division of Sony has been facing economic challenges, including a significant layoff plan affecting 900 employees, or 8% of its global workforce.

Sony has announced significant price increases for the PS5 Digital Edition, now priced at €500 in Europe, £430 in the UK, $750 in Australia, and $860 in New Zealand.

The company described this price hike as a "delicate decision" influenced by high inflation and unstable monetary rates, although U.S. tariffs were not specifically mentioned.

While the PS5 Pro remains unchanged in price, the PS5 Disc Drive will see a reduction starting April 14.

Consumer reactions have been largely negative, with many fans expressing a preference for alternatives like PCs or emulating games instead of purchasing the console.

In contrast to Sony's approach, Nintendo has delayed U.S. pre-orders for the Switch 2 due to tariff uncertainties, while Microsoft has yet to announce any price changes for the Xbox.

This price adjustment comes on the heels of Nintendo's troubled launch of the Switch 2, which faced its own challenges due to U.S. tariffs.

The price increase appears to target regions with lower price sensitivity, allowing Sony to maintain competitive pricing in the U.S.

Analysts suggest that Sony may have been encouraged to raise prices in response to the competitive pricing of the Switch 2, which is set at £395.

Current subscribers to PlayStation Plus in some regions will not see price hikes unless they change their plans, while others will experience increases after their next billing cycle.

Sony has not clarified how long the new prices will remain in effect, citing ongoing economic fluctuations.