Each PS5 model will now cost $50 more thanks to what Sony calls 'a challenging economic environment.' It follows Microsoft and Nintendo also upping console prices.

Every version of the PlayStation 5 is now $50 more expensive in the U.S., but at least for now, a new deal at GameStop will cover the difference. The meme stock retailer announced it will start giving anyone who trades in their last-gen consoles an extra $50 in-store credit toward the purchase of a new PS5.

Sony announced that starting Thursday, there will be a price increase for the popular video game console PS5. The gaming console will now cost $50 more because of "a challenging economic environment," Sony said.

PlayStation, owned by Sony, announced it will raise the price of PS5 consoles for US consumers starting August 21.

After months of holding off, Sony has raised the price of its PlayStation 5 console lineup in the United States and the PS5 Pro is now a whopping $750.

Sony’s $50 price hike in the US hasn’t gone into effect yet on PlayStation’s website or at other retailers like Best Buy, Walmart, Target, and GameStop. [Link: Sony is raising PS5 prices, starting tom

California governor Gavin Newsom has reacted to the PlayStation 5 price hike in the US, jokingly thanking US President Donald Trump for making it happen via his controversial tariff strategy. Re-sharing a news story about the PS5 price hike, Newsom, a Democrat, posted on social media, "Great work, Donald Trump!!"

While Sony is raising prices on new PS5 consoles, PS Direct is selling certified refurbished units for $150 below MSRP.

With the price increases meant to start today, I have an inkling these PS5 listings won't be at these prices for long. Already, the Call of Duty Black Ops 6 bundle states there's "only two left" and although these warnings aren't always the most accurate ...

With PlayStation set to increase PS5 console prices this week, this Call of Duty PS5 Slim bundle deal offers even better value now.

Sony has announced that it will increase the recommended retail price of the PlayStation 5 in the US. In a post on the official PlayStation Blog, the manufacturer stated that "a challenging economic environment" has led to the "difficult decision" of increasing the price of all PS5 consoles by $50.