Sony Increases the PS5 Pricing in EMEA and ANZ by Around 25 Percent

[Scircura]

I don't know about you, but I would call this fraud and abuse.

Maybe a better term is "price gouging". "Fraud" has a specific definition. Let's not degenerate it to mean "anything I don't like". In fact I would say you are abusing the word "fraud" in this case

 

[redeye]

well, the PS five Pro is about 25% faster than a ps5, so the price has to increase… and the latest news states that Mr. POTUS 47, agrees somewhat effectively (OK he never said that but a tax is a tax whatever the reason… because consoles are trade classified as toys in the US therefore there’s a 20% “trump“ tariff that hasn’t been removed…
yes, the price has not increased in the usa, but it will!
/dad joke!

 

[dlgh7]

the Switch is made in China, the main components are also made outside of Japan (motherboard, screen, apu) not sure what importing foreign components to Japan has to do with this. The rice they eat?
Most consoles don't even set foot in Japan.

Actually during Covid Nintendo moved a large majority of their production to Vietnam and it stayed their. It is still in Vietnam to this day.

 

[Sydneyblue]

Shocker

 

[TheLostSwede]

the Switch is made in China, the main components are also made outside of Japan (motherboard, screen, apu) not sure what importing foreign components to Japan has to do with this. The rice they eat?
Most consoles don't even set foot in Japan.

Wow, ok, maybe Sony actually has to import the components, which they use Yen to pay for and when the Yen is a weak currency, it costs Sony more to purchase each component they need to make something, regardless of which currency the companies they buy from use. Between 2016 and 2020 the exchange rate was around 100-110 Yen per US$ and from 2022 to now it's been 130 to 160 Yen per US$. You don't think this affects Sony's costs? This would be the same for all other Japanese companies that are doing business outside of Japan though, but as you pointed out, some companies don't produce their products in Japan, unlike a lot of the things Sony makes, which is still made in Japan, even though some cheaper products of theirs are not. And yes, Sony still makes consoles in Japan, but yes, some are also made in xina.
I don't know what relevance your comment about rice has, but it sounds like some kind of veiled racism, which doesn't belong here.

I wouldn't say no one has ever seen it before.. He (trump) claims that he's basing it off tariff practices from I believe 20th century practices the US partaken in, particularly around 1888. Whether or not there's some actual merit (or genuine) comparison, I don't know for sure, but I think he's been quoted on that before. I don't feel like bringing it up though.

If that truly was the case, show me one example of one country, that has levied tariffs on the entire world one day, only to put it all on hold the next day. And why would all the central bank people around the world state that this is a situation that has never happened before if it wasn't true, as they have no reason to make something like that up.
Yes, the US has imposed tariffs in the past, but not like this and not blanket tariffs on every single nation and internet tld, since many of the places that got levied aren't even nation states, nor do they have any real trade with the US.
However, this specific price hike doesn't appear to be related to that, regardless of what everyone here keep claiming.

 

[wheresmycar]

A few year old console and +25%, thats a HUGE JUMP!

So the PS5 'pro' remains at the same price? Thats some slick upselling if you ask me. Economic conditions, nah! Premeditated inflation, yah! Or, being generous perhaps 10% economic brutality and 15% laughing all the way to the bank. Or maybe 15/10 the other way, which is possible with todays GPU prices and supply chain disruptions or AMD driving a harder bargain (everyones hungry for more)

 

[Endymio]

...Pissing everyone else to make America happy can backfire. ...Seems like a stupid bussiness [sic] decision

Every nation in the world uses tariffs to support their economy and encourage local industry. Every single one. And most of them enact higher tariffs on the US than we do on them. I'm sorry this fact upsets you so, but so it is.

I'll also note you people predicted the same disaster scenarios over Trump's original set of tariffs -- but they worked so well Biden not only kept them all, but added a few more on China, and even doubled our lumber tariffs on -- wait for it -- neighbor Canada.

 

[Scattergrunt]

If that truly was the case, show me one example of one country, that has levied tariffs on the entire world one day, only to put it all on hold the next day. And why would all the central bank people around the world state that this is a situation that has never happened before if it wasn't true, as they have no reason to make something like that up.
Yes, the US has imposed tariffs in the past, but not like this and not blanket tariffs on every single nation and internet tld, since many of the places that got levied aren't even nation states, nor do they have any real trade with the US.

Oh I'm not trying to say its okay.. I'm just saying he's supposedly basing it off that. Not that I agree with either, its all BS. I could not think of one off the top of my head.
And even back in the example that trump supposedly based his tariffs off of he leaves out all the problems those tariffs caused lol. He tends to do this.

 

[dlgh7]

vietnam made tech is just Chinese companies moving there, it's a distinction without a difference.

That is ridiculous. Companies have locations all over the world. Doesn't mean pricing isn't effected. I mean TSMC is building a fab in the USA.

Plus it is a distinction because people keep claiming tariffs. Which right now makes the difference between China and Vietnam massive.

I also have a huge feeling making no distinction would be a major issue to people from either country and be considered offensive if not at least culturally insensitive.

 

[Denver]

I'll keep it brief to avoid getting too political: Japan took the first step by offloading a significant amount of American bonds. No matter what agreements are made, confidence will never return and behind the scenes, everyone will be working toward a single purpose: get rid of American influence.
This has driven up the interest rates the government must offer as compensation, creating a vicious cycle. Soon, it's like a snowball growing exponentially and chasing you—until you find yourself as a 200kg fat man sinking in the snow, barely able to move, resigned to an inevitable fate.