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Home PlayStation 5

Speculators have inflated prices for Sony PlayStation 5 before the start of sales

Speculators have inflated prices for Sony PlayStation 5 before the start of sales

Sony PlayStation 5 sales in select countries will start tomorrow. However, the next generation console can be pre-ordered now. Moreover, in some cases, the cost of the PS5 is three times the manufacturer’s recommended price.

Playstation 5

Recall that sales of the new Sony game console will start in Japan, North America, and some other regions on November 12, and in Russia and Europe on November 19. As for China, due to the tight regulation of the gaming market, the launch of the PS5 in the country may be slightly delayed.

It looks like some Chinese entrepreneurs have decided to take advantage of this by starting to accept pre-orders for the PS5 on JD.com’s e-commerce platform at an overpriced price. Despite the fact that the official price of the PS5 in the US is $ 500, the cost of the console for pre-orders in China is significantly higher, and often by several times. The source notes that the price of the PS5 in China reaches 12,888 yuan, which is approximately equal to $ 1950.

The coronavirus pandemic has led to component shortages and supply delays in many markets. The PS5 deficit is expected to persist for several months after the launch of the next-generation console. Obviously, it is this fact that pushes dealers to inflate prices since not everyone will be able to purchase a PS5 in the near future. According to analysts from Ampere Analysis, demand for new consoles will exceed supply until at least the end of March next year.

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