The price of Sony’s PlayStation 5 (PS5) has seen a surprising uptick in various markets, following the global success of the highly anticipated action RPG, Black Myth: Wukong.
Developed by the Chinese studio Game Science, the game has been praised for its intricate design, breathtaking visuals, and a fresh take on the beloved tale of the Monkey King.
With its success, gamers worldwide are eager to experience the game in the best possible way, driving up demand for the PS5, which is considered one of the top platforms for the game.
Rising Demand, Rising Prices
Retailers have reported a noticeable increase in PS5 sales since the release of Black Myth: Wukong. This surge in demand has, in turn, led to a hike in prices for the already hard-to-find console.
In some regions, the PS5’s price has increased by as much as 10% to 15%, as retailers and third-party sellers capitalize on the game’s popularity.
The increase in price has been particularly evident in markets where the PS5 was already in short supply, exacerbating the situation for consumers looking to purchase the console.
Sony has not officially commented on the price increase, as the company does not control the pricing set by individual retailers.
However, the company has acknowledged the impact that blockbuster game releases can have on console sales.
Industry analysts suggest that Sony could potentially ramp up production of the PS5 to meet the increased demand, though supply chain challenges continue to be a hurdle.