Sony seems poised to up the price of PS5 hardware as well, not that long after it had already previously raised prices due to Trump's tariffs.

All eyes have been on Sony to see if it follows in Microsoft’s footsteps and, in response to increased U.S. tariffs, dramatically raises the price of the PlayStation 5 . The company confirmed to investors on Wednesday that it might end up doing exactly that as it faces a potential $680 million hole in its bottom line from the new import taxes on China and other countries.

Speaking to investors during the company’s earnings call, Sony CFO Lin Tao confirmed that the company is considering “passing on” the price of tariffs to consumers in order