PS5 Price Slashed In Europe: Is A US Discount On The Horizon?
Portfolio Pulse from Franca Quarneti
Sony Group Corp's PlayStation 5 console is being offered at a discounted price for the first time in the UK, Ireland, Germany, Austria, and India during PlayStation's Summer Sale. The discount comes amid rumors of a 'slim' version of the PS5 being planned for release, with Microsoft Corp. claiming that the new version of the console will cost around $399.99. Sony recently announced that the PS5 has sold over 40 million units as of July 16, 2023.

July 28, 2023 | 5:51 pm
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Microsoft Corp. has claimed that the new 'slim' version of the PlayStation 5 console will cost around $399.99.
Microsoft's claim about the price of the new 'slim' version of the PlayStation 5 console could potentially impact the competitive landscape in the gaming console market. However, as this is just a claim and not a confirmed fact, the impact is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Sony's PlayStation 5 console is being offered at a discounted price in several countries. This comes amid rumors of a new 'slim' version of the PS5 and the announcement of over 40 million units sold.
The discount on the PlayStation 5 console could potentially increase sales, but it could also decrease revenue per unit sold. The announcement of over 40 million units sold shows strong demand for the product. However, the rumored 'slim' version could impact future sales of the current model.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100