username12
Member
Yes, in 2022. They were getting prepared for the tariffs.
PS5 price to rise in Europe, Australia and New Zealand
- Thread starter BennyBlanco
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Yes, in 2022. They were getting prepared for the tariffs.
MacReady13
Member
I'm just wondering if the people who were complaining about Switch 2 prices are going to give it to Sony now that, for the 2nd time here in Australia, we've had a price increase for a console that came out 5 fucking years ago?! The tech inside hasn't gotten any better, so why are prices increasing 5 years later?
Trogdor1123
Member
I think I'm going to sell my digital ps5. I almost never play it anymore.
Bernardougf
Member
Imagine a world were MS got their ideas to fully work ... always online, drm , gamepass , buying out the third party industry to "choke the competition" ... yeah sorry but they already gave us the legacy of paying for online gaming .... we are better without them and their shitty ideas imho. They never brought nothing of true value to console gaming, outside a handful of good IPs at best.
Competition is good ... but this one? Nah Im good.
Great Auk
Member
Australian Dollar isn't doing too hot over the last 4 years, it's been a steady decline. Maybe that has something to do with it?
owandeseis
Member
What's the taxes on USA normally? I'm reading it's about 8%? That would mean the PS5 Digital would be around 430 dollars after taxes.
In Europe, considering Eur to Dollar exchange rate, it is 570 dollars right now, doesn't really look like the best deal lmao. I know there's more stuff to take into consideration, but i bet Sony makes more money per console sold in the old continent than in USA
But they can afford doing this move, right now PS5 is the only platform to play Fifa with Xbox being missing and PC version being shit
ArtHands
Thinks buying more servers can fix a bad patch
You can sell your digital PS5 for a profit now
SidViscous
Member
console price rise is a one off problem, but their shitty drifting £70 controllers and rip-off PSN with cloud save gatekeeping is where the real money sink is.
When they put PSN up to £90 I figured their would be an outcry and they would roll it back, alas that never happened, so I ended up just playing more multiplayer stuff on PC and have saved a small fortune, so their loss
When they put PSN up to £90 I figured their would be an outcry and they would roll it back, alas that never happened, so I ended up just playing more multiplayer stuff on PC and have saved a small fortune, so their loss
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Great Auk
Member
Unlike in Europe where the prices stated are the prices paid since retailers/manufacturers include all taxes in the posted price, no taxes are included in the posted US prices for any product.
Euro area has an average VAT of almost 22%.
That means to buy a disc version PS5, 22% of that 499 Euros is taxes.
That means if you strip out the VAT from the cost, the PS5 disc version is given to Europe for around 410 Euros.
Meanwhile the disc version here in the US is 499 (which includes no taxes unlike in Europe) which bring it to around $540 with an average tax rate of 8%.
That means Europe gets the disc version of the console much cheaper than the US.
Where did you get the 570 from btw?
Bojji
Member
Console launches since (at least) PS3 had price parity between Europe and USA. And yes, Europeans paid less because VAT was included.
Sony already changed that with Pro - 700$ and 800 Euro.
But increasing prices many years after launch is just fucked up...
owandeseis
Member
570 dollars is 500€, which is the digital PS5 price after taxes in Eur, but you are right it makes more sense to calculate pre taxes prices.
PS5 DE is 413€ in Spain pre VAT for example, which is almost 470$
You are mixing the PS5 Disc version from USA to the Digital one from Euro on your example, the disc one is 549€ here, which would be 454€ pre taxes, or 515 dollars, so still more expensive here, but fair at least.
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Great Auk
Member
Aaah I thought the disc version was still 499 Euros there.
But yes, we should always compare prices with taxes/VAT stripped out of the stated costs.
MacReady13
Member
No idea but hearing Americans complain over paying $80 USD for Mario Kart World when we are paying close to, if not more than that here and have been since the start of the release of the PS5 is infuriating.
ArtHands
Thinks buying more servers can fix a bad patch
Why will there be any outcry for the PSN?
Gameplay Gods Bless
Member
Even if the PS6 only sells 40 mil units there'll still be a PS7. As long as there's enough people buying in order for it to make sense as a business, yea the scope will shrink the price may go up, specs may go down but it'll still exist. Sony still makes Walkman even if pretty much no one buys it.
Portugeezer
Member
Launch owners keep on winning.
Goalus
Member
It is also a good thing that they are not devaluing their hardware, but instead sending a clear signal to potential customers that it has gone up in value.
LimanimaPT
Member
I guess the PS5 will be my last console.
Gen.Grievous
Member
Maybe he is Korean.
ArtHands
Thinks buying more servers can fix a bad patch
Such a pro-consumers move for rewarding first purchasers. Here's hoping they will continue to increase the price in the future so the value continue to appreciate.
mckmas8808
Mckmaster uses MasterCard to buy Slave drives
I hate the fact that you might be right with this post.
asdasdasdbb
Member
Switch 1 4va
Another price increase from PlayStation?
This generation saw the unprecedented trend of prices increasing over time.
Better get a Switch 2 as soon as possible.
PS4 before the Switch 1 launch (NSW launch price: $300):
End result:
This generation saw the unprecedented trend of prices increasing over time.
Better get a Switch 2 as soon as possible.
It's not like the last time SIE tried to respond to the launch of a Nintendo console by cutting the price and making offers was effective to hinder the rival's momentum.
PS4 before the Switch 1 launch (NSW launch price: $300):
End result:
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willothedog
Member
No you shouldn't as that is what it costs the consumer.
ArtHands
Thinks buying more servers can fix a bad patch
Sony realised thst they don't need to price drop PS5 to make it sell
EverydayBeast
ChatGPT 0.001
Ps5 has done a good job so far, it'll rebound with another god of war and gran Turismo.
Great Auk
Member
How else then can we debunk or counter the idea that one region is getting a better deal compared to another and if Nintendo or anyone else is playing favorites with certain countries?
Taxes/VAT artificially inflate prices.
Funny though how the US retail price when quoted for comparison to other countries NEVER includes taxes but because other countries have their VAT baked into their announced price, there's is.
It's not a fair comparison.
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asdasdasdbb
Member
Because there's no national sales tax in the US.
ArtHands
Thinks buying more servers can fix a bad patch
That's why they deserves the price hike as rewards.
veterangamerUK
Member
Do you have plenty of lube or just let them dry fuck you?
rubenburgt
Member
Again?
Mibu no ookami
Demoted Member® Pro™
I would not be surprised if the PS5 increases in price in the US too, just before the release of GTA6 but not with enough lead time for Microsoft to saturate retail with units.
I think we're looking at between 60-90 days ahead of the release, so if GTA6 comes out in November, we're talking about August/September and if GTA6 comes out in October, we're talking July/August.
It's just too much of an opportunity to increase margins. Sony probably thinks they can't pass up the opportunity.
Let's say you sell 10 million units in Calendar Q4 alone worldwide, but you can do it at a ~100 dollars more per unit than you would otherwise?
You're talking about a billion dollars of basically guaranteed money and maybe it's more than 10 million units... but also a higher priced digital model and even the standard model pushes people toward closer to the Pro. Let's say the Pro gets you 150 dollars per unit. Depending on the ratio of sales, you could be increasing your sales by 1.25-1.5 billion... Just in one quarter... that could continue through Q1 and even Q2 if GTA6 is big enough.
Sony getting a free billion dollars EXTRA on top of what they were already going to make, not even including the 30% in sales they were going to get from GTA6 unless they have a special deal with T2 for lower royalties... let's say GTA6 sells 20 million copies on PS5 alone, let's also assume it drops for 80 dollars and the online drpos for 20. So 100 dollars total. You're looking at 600 million dollars on a game you didn't even develop. That brings you close to 2 billion in additional operating income for the quarter.
We're going to some fascinating information come out of Sony in a month with their fiscal year forecast, but their FYQ3 is probably going to be the biggest in company history.
I think we're looking at between 60-90 days ahead of the release, so if GTA6 comes out in November, we're talking about August/September and if GTA6 comes out in October, we're talking July/August.
It's just too much of an opportunity to increase margins. Sony probably thinks they can't pass up the opportunity.
Let's say you sell 10 million units in Calendar Q4 alone worldwide, but you can do it at a ~100 dollars more per unit than you would otherwise?
You're talking about a billion dollars of basically guaranteed money and maybe it's more than 10 million units... but also a higher priced digital model and even the standard model pushes people toward closer to the Pro. Let's say the Pro gets you 150 dollars per unit. Depending on the ratio of sales, you could be increasing your sales by 1.25-1.5 billion... Just in one quarter... that could continue through Q1 and even Q2 if GTA6 is big enough.
Sony getting a free billion dollars EXTRA on top of what they were already going to make, not even including the 30% in sales they were going to get from GTA6 unless they have a special deal with T2 for lower royalties... let's say GTA6 sells 20 million copies on PS5 alone, let's also assume it drops for 80 dollars and the online drpos for 20. So 100 dollars total. You're looking at 600 million dollars on a game you didn't even develop. That brings you close to 2 billion in additional operating income for the quarter.
We're going to some fascinating information come out of Sony in a month with their fiscal year forecast, but their FYQ3 is probably going to be the biggest in company history.
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ArtHands
Thinks buying more servers can fix a bad patch
Just got a email that mine is increasing and I live in Canada.
Not every countries is lucky enough to be blessed with the hike.
NickFire
Member
His point
His point is fair and accurate though.