Memory, storage shortages have made all kinds of consumer tech more expensive.
Memory and storage shortages and price hikes that started hitting PC components late last year have steadily rippled outward across all kinds of consumer tech—some products have disappeared, gone out of stock, or been delayed, and others have undergone multiple rounds of price hikes.
Today’s bad news comes from Sony, which is raising prices for PlayStation 5 consoles in the US just eight months after their last price hike. The drive-less Digital Edition will increase from $500 to $600; the base PS5 with an optical drive will increase from $550 to $650; and the PS5 Pro is going up from $750 to a whopping $900. At the beginning of 2025, these consoles cost $450, $500, and $700, respectively.
Sony, Microsoft, and Nintendo had all announced one or more price increases for one or more consoles throughout 2025, though these were driven more by the Trump administration’s tariffs on imported goods than component shortages. Game console price cuts had already become less common over the course of the 2010s, making consoles like the 5-plus-year-old PS5 historically expensive compared to older consoles at this point in their lifespans.
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