Microsoft recently increased the prices of Xbox Series S and X due to market conditions and tariffs related to the trade war with China.
Analysts predict that PlayStation 5 prices may also increase as a result of tariffs, with the potential for the cheapest PS5 to go up to $550.
Sony could either undercut or match Microsoft's price changes, with uncertainties about how they will respond given their market dominance.
Current deals for PS5 bundles include the Astro Bot bundle at $400, providing good value for future gaming experiences.
Considering upcoming releases like Death Stranding 2 and Ghost of Yotei, opting for a PS5 Pro for enhanced performance might be worthwhile.
Early adopters of next-gen consoles like PS5 and Xbox Series X got them at the lowest prices, unlike past console generations where slim editions were released at reduced costs.
The anticipated Switch 2 is likely to follow the trend of increasing console prices, with pre-orders for $500 bundles potentially being considered a bargain if prices rise.
If you're planning to buy a new PS5, it's advisable not to wait, as deals may worsen over time due to potential price hikes and market conditions.
Considering the uncertainty around tariffs and trade policies, purchasing a PS5 sooner rather than later could result in better value.