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Sony Interactive Entertainment announced on March 27 that it is raising prices across its PlayStation 5 lineup, effective April 2. The increases apply to the PS5, PS5 Pro, and PlayStation Portal in the US, UK, Europe, and Japan.This is the second price increase in less than a year. Sony raised prices by $50 across the board in August 2025. The latest round is significantly larger, with some models going up by $150.Sony’s new U.S. prices”With continued pressures in the global economic landscape, we’ve made the decision to increase the prices of PS5, PS5 Pro, and PlayStation Portal remote player globally,” said Isabelle Tomatis, Sony Interactive Entertainment’s Vice President of Global Marketing, in a PlayStation Blog post.Here is what each product now costs in the US starting April 2PS5 disc edition: $649.99, up from $549.99. An increase of $100.PS5 Digital Edition: $599.99, up from $499.99. An increase of $100.PS5 Pro: $899.99, up from $749.99. An increase of $150.PlayStation Portal: $249.99, up from $199.99. An increase of $50.The PS5 launched in 2020 at $499.99 for the disc edition and $399.99 for the digital edition. The disc model will soon cost $150 more than it did at launch, less than six years later. The PS5 Pro launched in September 2024 at $699.99 and will now cost $200 more in less than two years.Why Sony is raising prices againSony cited “continued pressures in the global economic landscape” without specifying exact drivers. Industry analysts and reporting from multiple outlets point to two primary forces: rising costs of RAM and memory components, which have been driven up by demand from AI data centers, and the broader impact of trade tariffs on electronics manufacturing and imports.The RAM shortage in particular has affected console makers significantly. Memory components are core to both the PS5 and PS5 Pro, and prices have risen sharply as chipmakers prioritize supply for AI infrastructure clients. Sony has no direct control over those input costs, and the price increases reflect how much of that burden the company is now passing to consumers.More Streaming:Paramount Warner Bros. hostile bid has a catch for cable networksApple TV adds key feature Netflix droppedSony is not alone. Microsoft has raised prices for the Xbox Series X and S on multiple occasions. Nintendo launched the Switch 2 at $449.99 in June 2025, a higher starting price than any previous Nintendo console. The cost of manufacturing consumer hardware has increased across the industry, and platform holders have been passing those costs on to consumers.The PlayStation Portal, Sony’s handheld game streaming device, is also going up by $50 to $249.99. The device streams games from a PS5 over a local network and has been a niche product since its launch.What this means for consumers and the broader marketThe PS5 Pro at $899.99 is now approaching $900, a price point that would have been unthinkable for a gaming console a decade ago. The standard disc PS5 at $649.99 now matches or exceeds what many consumers previously associated with high-end PC gaming territory.That trajectory has frustrated many in the gaming community, particularly given that the PS5 is five-year-old hardware. Consoles have historically gotten cheaper over time, not more expensive. This generation has inverted that expectation entirely.

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The timing puts pressure on buyers ahead of the summer season. Anyone who has been waiting to purchase a PS5 has a narrow window to do so at the current $549.99 price before April 2.What happens next for PlayStation?Sony is also reportedly considering pushing the launch of the PlayStation 6 to 2028 or even 2029. That would mark the longest gap between PlayStation generations in the company’s history. If confirmed, it would make the PS5’s extended lifespan and rising price tag even more consequential for gamers deciding whether to invest in the current generation now.The Nintendo Switch 2, launched at $449.99, has not seen a price increase since its June 2025 debut. That price gap between Sony and Nintendo hardware has widened significantly with this announcement. For families with younger gamers, a $200 difference between the two consoles is a meaningful factor at the point of sale.Sony’s official statement acknowledged the impact on its community. “We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Tomatis said.Related: Netflix raises prices for U.S. subscribers again

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealNo matter what the weather may be like at any given moment, outdoor patio storage is always a necessity. During the winter months, you need somewhere to store your patio furniture and decor to keep them safe from freezing. On the other hand, during the spring and summer you want a place to keep pool toys, towels, and sports equipment close at hand for easy access. That’s why outdoor storage sheds and bins are so popular. That’s also why Amazon is such a great shopping destination all year round. In fact, it’s currently selling a beautiful farmhouse-style storage bin at a big discount.The Dwvo Farmhouse Outdoor Storage Bin is available for only $180, which is 22% off the original price of $230. If you ever wanted the chance to get an attractive patio storage bin at a discounted price, then today is your lucky day.Dwvo Farmhouse Outdoor Storage Bin, $180 (was $230) at Amazon

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Shop at AmazonWhy do shoppers love it?This bin is so much more than just a storage cube. It adds a whole new vibe to your patio or backyard. The farmhouse design is fun and lively, with two cross-hatched barn doors that actually open. That’s a major upgrade over most storage bins of this size which only have access from above. That said, this cube also includes a hinged lid that grants overhead access as well, making it incredibly easy to get just about anything in or out of the box.  The entire bin has a wood slat design that belies the durable waterproof resin construction. Each door includes a large resin handle making them a breeze to open or close for easy access to everything inside. As an added benefit, the watertight seal on the lid keeps rainwater and melting snow out while the dual resin wall construction protects from unwanted impacts due to wind or other accidents.There is also a padlock ring on the bin so you can be sure that all your items stay safe and secure all year long. The bin has dimensions of 50.2 inches long by 29.1 inches wide by 41.3 inches high. That makes it large enough to fit most large outdoor trash cans or recycling bins. It’s also a great option for yardwork tools, or even an outdoor bar setup. This bin is available in four different sizes and two finish treatments.Related: Amazon is selling an outdoor storage shed for $114 just in time for springDetails to knowDimensions: 50.2 inches long by 29.1 inches wide by 41.3 inches high.Material: All-weather molded resin.Waterproof seal?: Yes.Shelving: Can be purchased separately.Amazon shoppers were very excited about this bin. One shared, “Excellent! Love them. The rustic wood-look design matches my home. Each can conceal (and protect) two large garbage cans or a shed full of yard supplies.”Shop more deals SweetCrispy Outdoor Storage Deck Box, $24 (was $40) at AmazonLifetime Extra Large Deck Box, $150 (was $160) at AmazonGarveelife Outdoor Storage Tool Shed, $123 (was $130) at AmazonThe Dwvo Farmhouse Outdoor Storage Bin is the perfect tool to keep your patio or backyard in order while still adding to your outdoor decor. This piece allows you to organize your space and improve its overall look. That’s a whole lot of upside for just $180

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealSpring is finally here and now’s the time to start sprucing up your outdoor space for the season. With lounge-worthy weather underway, we expect outdoor furniture prices to skyrocket. If you’re looking to get a your hands on a new patio set without going over budget, look no further. We found a set for 34% off at Walmart.Originally $100, the Lofka 3-Piece Rocking Chair Patio Set at Walmart is a set you’re going to want to see. Complete with rocking chairs and a side table, it’s made for outdoor relaxation. And on sale for just $66, it’s one of the most affordable patio sets we’ve seen.Lofka 3-Piece Rocking Chair Patio Set, $66 (was $100) at Walmart

Shop at WalmartWhy do shoppers love it?A rocking chair is already relaxing enough. Pair it with a serene spring day, with the sun shining after a treacherous winter? Now, that sounds like a dream. This patio set has all the elements to make that a reality. The three-piece set comes with two rocking chairs and a side table, creating a cozy outdoor seating area. Each rocking patio chair measures 22.8 inches long by 28.9 inches wide by 31.5 inches high. They have an angular, modern design that differs from traditional wicker patio sets. The backrest and seat have an ergonomic curve made for comfort and relaxation, and are made of breathable Textilene fabric that keeps you cool during warm weather. The fabric is also tear-resistant and quick-drying, making it durable enough to withstand both rain and shine. The chair’s frame is made of sturdy powder-coated steel with a slip-resistant base and anti-tip design. The chairs have adjustable leg pads to keep you steady while you rock away, even on uneven surfaces. And the armrests feature wood accents that give these chairs a bit of rustic, natural charm. The matching side table is just 17.3 inches long by 17.3 inches wide by 15.6 inches high, providing a sturdy surface to place your drinks, snacks, or an outdoor lamp. It has a sleek tempered glass top that’s easy to clean, and it’s heat-resistant, so it can hold up against the hot summer days ahead. Related: Walmart is selling a 8-piece patio set for just $460 during its massive spring saleDetails to knowChair dimensions: 22.8 inches long by 28.9 inches wide by 31.5 inches high.Table dimensions: 17.3 inches long by 17.3 inches wide by 15.6 inches high.Chair weight capacity: Up to 300 pounds.Colors: Brown, gray, and black.The rocking chair patio set is ideal for small spaces, whether it’s a compact deck or an apartment balcony. It can even create a cozy, smaller seating area in a larger space. The set is available in three colors, including brown, black, and gray.Shop more dealsNoelse 3-Piece Rocking Chair Patio Set, $63 (was $70) at WalmartLofka 3-Piece Patio Set, $56 (was $64) at WalmartLacoo 3-Piece Rocking Chair Patio Set, $125 (was $170) at WalmartThe Lofka 3-Piece Rocking Chair Patio Set is just $66 at Walmart, and it’s the perfect addition to your home this spring.