{"id":12583,"date":"2022-08-25T15:44:00","date_gmt":"2022-08-25T15:44:00","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch"},"modified":"2022-08-25T18:11:29","modified_gmt":"2022-08-25T18:11:29","slug":"gamers-face-price-rise-on-ps5-but-not-switch","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch","title":{"rendered":"Gamers face price rise on PS5 but not Switch"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>Gamers looking to buy a new console face a price rise if they want a Sony PlayStation 5, but not if they choose a Nintendo Switch.<\/b><\/p>\n<p>PS5s will cost an extra \u00a330 in the UK, with EU consoles going up by \u20ac50 (\u00a342) and Canadian consoles by CAD $20 (\u00a313).<\/p>\n<p>Sony is increasing its console prices because of inflation, it says, but Nintendo says that despite rising costs, its prices will stay the same.<\/p>\n<p>Meanwhile, PC gamers may soon be able to save money on their hardware.<\/p>\n<p>Jensen Huang, chief executive of tech company Nvidia, said the company had overproduced graphics cards, which have been in short supply in recent years.<\/p>\n<p>&#8220;Our strategy is to sell in well below the current sell-through levels in the marketplace to give the channel an opportunity to correct,&#8221; he said, according to the Verge.<\/p>\n<p>This could mean the price of high-end graphics cards, including the RTX 3000 series, and gaming laptops falling.<\/p>\n<p><b>No PS5 rise in US<\/b><\/p>\n<p>Despite the increase in cost of the PS5 in many jurisdictions, there will be no price rises in the US.<\/p>\n<p>Piers Harding-Rolls, industry analyst at gaming research firm Ampere Analysis, told the BBC the lack of a price increase in the US was a result of the strength of the dollar.<\/p>\n<p>&#8220;Sony is a global entity which is operating I guess more consistently in lots of global markets, so they are impacted by currency exchanges and the strength of the dollar,&#8221; he said.<\/p>\n<p>&#8220;And that&#8217;s why you&#8217;re seeing price increases in some markets, but not in others &#8211; you&#8217;ve got this nuanced approach which is trying to reflect the impact on the costs of goods in relation to those specific markets.&#8221;<\/p>\n<p>Jim Ryan, Sony Interactive Entertainment president and chief executive said in a blog post: &#8220;The global economic environment is a challenge that many of you around the world are no doubt experiencing.<\/p>\n<p>&#8220;We&#8217;re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries.&#8221;<\/p>\n<p>But Mr Harding-Rolls said he did not expect the price increase to put off gaming enthusiasts.<\/p>\n<p>&#8220;I think pent-up demand for PS5, even though the availability is not good, means that this price increase won&#8217;t have a huge impact at all,&#8221; he said.<\/p>\n<p>&#8220;I don&#8217;t see it changing Sony&#8217;s outlooks or their sales. I think they&#8217;re going to sell all the products that they can get into market.&#8221;<\/p>\n<p>He added the move could potentially hand an advantage to Microsoft, which makes the Xbox console, &#8220;because it has the cheaper console in the market coupled with Game Pass&#8221;.<\/p>\n<p>The press has approached Microsoft for comment.<\/p>\n<p><b>&#8216;Value of fun&#8217;<\/b><br \/>\nNintendo president Shuntaro Furukawa told financial newspaper Nikkei: &#8220;In order to offer unique entertainment to a wide range of customers, we want to avoid pricing people out.<\/p>\n<p>&#8220;Our competition is the variety of entertainment in the world, and we always think about pricing in terms of the value of the fun we offer.&#8221;<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. Gamers looking to buy a new console face a price rise if they want a Sony PlayStation 5, but not if they choose a Nintendo Switch. PS5s will cost an extra \u00a330 in the UK, with EU consoles going up by \u20ac50 (\u00a342) and Canadian consoles by CAD $20 (\u00a313). Sony is [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":12582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9,16],"tags":[233,237,234],"class_list":["post-12583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gamers face price rise on PS5 but not Switch - Botswana<\/title>\n<meta name=\"description\" content=\"Gamers looking to buy a new console face a price rise if they want a Sony PlayStation 5, but not if they choose a Nin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gamers face price rise on PS5 but not Switch\" \/>\n<meta property=\"og:description\" content=\"Gamers looking to buy a new console face a price rise if they want a Sony PlayStation 5, but not if they choose a Nin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-25T15:44:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-25T18:11:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/08\/postQueueImg_32-6307bb344fea4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gamers face price rise on PS5 but not Switch\",\"datePublished\":\"2022-08-25T15:44:00+00:00\",\"dateModified\":\"2022-08-25T18:11:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\"},\"wordCount\":519,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/08\/postQueueImg_32-6307bb344fea4.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\",\"name\":\"Gamers face price rise on PS5 but not Switch - 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