{"id":20809,"date":"2022-10-22T13:54:49","date_gmt":"2022-10-22T13:54:49","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch"},"modified":"2022-10-22T14:10:31","modified_gmt":"2022-10-22T14:10:31","slug":"gamers-face-price-rise-on-ps5-but-not-switch","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch","title":{"rendered":"Gamers face price rise on PS5 but not Switch"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>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).<\/p>\n

Sony is increasing its console prices because of inflation, it says, but Nintendo says that despite rising costs, its prices will stay the same. Meanwhile, PC gamers may soon be able to save money on their hardware.<\/p>\n

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

\u201cOur strategy is to sell in well below the current sell-through levels in the marketplace to give the channel an opportunity to correct,\u201d he said, according to the Verge.<\/p>\n

This could mean the price of high-end graphics cards, including the RTX 3000 series, and gaming laptops falling. No PS5 rise in US Despite the increase in cost of the PS5 in many jurisdictions, there will be no price rises in the US.<\/p>\n

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

\u201cSony 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,\u201d he said.<\/p>\n

\u201cAnd that\u2019s why you\u2019re seeing price increases in some markets, but not in others \u2013 you\u2019ve got this nuanced approach which is trying to reflect the impact on the costs of goods in relation to those specific markets.<\/p>\n

\u201d<\/p>\n

Jim Ryan, Sony Interactive Entertainment president and chief executive said in a blog post: \u201cThe global economic environment is a challenge that many of you around the world are no doubt experiencing.<\/p>\n

\u201cWe\u2019re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries.<\/p>\n

\u201d But Mr Harding-Rolls said he did not expect the price increase to put off gaming enthusiasts.<\/p>\n

\u201cI think pent-up demand for PS5, even though the availability is not good, means that this price increase won\u2019t have a huge impact at all,\u201d he said.<\/p>\n

\u201cI don\u2019t see it changing Sony\u2019s outlooks or their sales. I think they\u2019re going to sell all the products that they can get into market. \u201d<\/p>\n

He added the move could potentially hand an advantage to Microsoft, which makes the Xbox console, \u201cbecause it has the cheaper console in the market coupled with Game Pass\u201d. The press has approached Microsoft for comment. \u2018Value of fun\u2019<\/p>\n

Nintendo president Shuntaro Furukawa told financial newspaper Nikkei: \u201cIn order to offer unique entertainment to a wide range of customers, we want to avoid pricing people out.<\/p>\n

\u201cOur 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.\u201d<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. 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 […]<\/p>\n","protected":false},"author":84,"featured_media":20808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,246,245,2095],"class_list":["post-20809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-lesotho","tag-lesotho","tag-ps5"],"yoast_head":"\nGamers face price rise on PS5 but not Switch - Lesotho<\/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 Ninten ...\" \/>\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\/lesotho\/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 Ninten ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-22T13:54:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-22T14:10:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/10\/postQueueImg_14-6353f9bebb911.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\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gamers face price rise on PS5 but not Switch\",\"datePublished\":\"2022-10-22T13:54:49+00:00\",\"dateModified\":\"2022-10-22T14:10:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\"},\"wordCount\":518,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/10\/postQueueImg_14-6353f9bebb911.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Lesotho\",\"PS5\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/gamers-face-price-rise-on-ps5-but-not-switch\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/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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