PlayStation Console Sales Fell to Their Lowest May Total in 26 Years Following PS5 Price Rise https://www.ign.com/articles/playsta...ps5-price-rise

May was a catastrophic month for PlayStation and Xbox sales in the U.S., driven by price rises that have clearly had a significant impact on consumer interest in buying a new console.

Sony raised the price of PS5 consoles in April, bringing the cost of a standard PS5 to $649.99, the PS5 Digital Edition to $599.99, and the PS5 Pro to $899.99. Those price rises appear to have dented PS5 sales in the U.S. in May, when, according to new Circana data, PS5 spending fell 43% year-on-year, and unit sales plummeted 58%.

Xbox didn’t do much better. Surprisingly, Xbox Series hardware spending actually grew 7% versus a year ago, but unit sales fell by 12%. That’s the result of Xbox Series costing more in May versus the previous May (Microsoft increased the Xbox console price by $20-$70 in the U.S. last October).