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Sony Says PS5 Price Hikes Are Possible As It Faces $680 Million Hit From Tariffs

  • Sony is considering possible price hikes for the PlayStation 5 due to increased U.S. tariffs, which could result in a $680 million hit from import taxes on China and other countries.
  • Sony may pass on the price of tariffs to players and is exploring strategies like manufacturing consoles in the U.S. to mitigate the impact of the trade war.
  • The potential tariff impacts could lead to significant price increases for PS5 and PS5 Pro, affecting consumers and overall game console purchases.
  • Sony's record profits were driven by strong PS5 sales and increasing player spending on games and subscriptions, while uncertainties remain with potential price hikes amidst the release of new games.

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