When the Playstation 5 was first released, its hefty price tag of $500 caused many people to pause before making a purchase. However, since then there have been various promotions and deals allowing for significant price drops for Playstation 5s, with some as low as $450 at Walmart and Best Buy.
Although this may be great news for consumers looking to snag a Playstation 5 at a lower price, some would argue that the Playstation 5 should remain expensive due to the high-end components inside the system, such as the custom SSD storage and CPU. As the demand for the Playstation 5 continues to rise, the cost of production increases and Sony has even stated they may increase the price of the console due to market demands.
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Overall, the price of the Playstation 5 can fluctuate depending on promotions, cost of production and market demands, giving potential buyers both a good and bad outcome when it comes to pricing.
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