PlayStation 5 sales double in US ahead of price hikes

US sales of the PlayStation 5 nearly doubled in the week ending April 4, marking the console's best performance of 2026 so far. Consumers rushed to buy before Sony's announced price increases took effect. The surge came after Sony cited global economic pressures for raising prices by about $100 on its PS5 models.

Mat Piscatella, senior director at Circana, reported that US weekly unit and dollar sales of PlayStation 5 hardware reached 2026 highs during the week ending April 4, as price increases loomed. This represented almost a doubling of the previous week's sales. US spending on video game hardware for the week nearly doubled compared to the same week a year ago, according to Circana's retail tracking service and Piscatella's social media post on April 14. Sony announced the price hikes in late March, the second such increase in a couple of years, due to continued pressures in the global economic landscape. The base PlayStation 5, previously $500, now retails for $649.99 or $650, while the digital edition has risen from $400 to $600. The PlayStation 5 Pro is priced at $899.99. This pre-hike rush bucks the traditional trend of console prices dropping later in their lifecycle, as seen with the PS4, which fell from $400 to $200 at a similar stage.

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A hardware leaker reports that Sony's bill of materials for the PlayStation 6 has increased to around $900. Sony stated it does not intend to sell hardware at significant losses.

Sony has stated it will no longer sell PlayStation consoles at a significant loss. The announcement came during a recent executive Q&A session focused on the company's Game & Network Services division.

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The Nintendo Switch 2 sold 5.9 million units in the United States during its first 12 months on the market, making it the second fastest-selling console in the country's history. Data from Circana's May 2026 report showed the device outsold all other platforms that month. Meanwhile PlayStation 5 and Xbox hardware sales reached historic lows for the period.

Sony released its fiscal year report earlier this month, revealing expectations of lower PS5 hardware sales due to ongoing memory shortages driven by AI demand. CEO Hiroki Totoki indicated that plans for the next-generation console remain undecided.

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Major retailers are offering discounts on physical PlayStation 5 games to match the PlayStation Store summer sale. The promotions cover numerous first-party Sony titles and other exclusives. They come as the company plans to end disc support for the console generation in 2028.

SanDisk has released a new series of officially licensed NVMe SSDs for the PlayStation 5 and PlayStation 5 Pro consoles. The drives also work with PCs and carry notably high prices amid a global memory shortage.

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Microsoft's Xbox hardware revenue fell 33 percent year-on-year in Q3 FY2026, despite overall company revenue rising 18 percent to $82.9 billion. Gaming revenue declined seven percent, prompting Xbox leaders to pledge renewed focus on core fans. The firm recently cut Game Pass prices in response to customer feedback.

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