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SONY Raises PlayStation 5 Price in Japan by 19%, Stock Up 3.5%

Benzinga LogoBenzinga4d ago

SONY Raises PlayStation 5 Price in Japan by 19%, Stock Up 3.5% - Benzinga

Quick Summary:

Sony Group Corporation (NYSE: SONY) recently announced a 19% price increase for its PlayStation 5 (PS5) console in Japan, highlighting a challenging external environment (including fluctuations in the global economy) as the primary reason.Beginning Sept 2., 2024, the PS5 will cost ¥79,980 for the standard edition and ¥72,980 for the digital edition.

After the announcement, Sony's stock gained 3.5% on Aug.27 and closed trading at $96.07, underscoring positive market reception to the price hike.

The company also hiked prices for its accessories, including the DualSense wireless controller and Pulse Elite wireless headset, with the changes set to take effect from Sept.2, 2024.

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Article Details

Author / Journalist: Zacks

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 18:17:08 (4 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22292083

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Official Website: benzinga.com

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Year Established: 2010

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News Last Updated: 23 hours ago

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Publisher ID: #53

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