Lack of Competition from Xbox Partly Why PS5 Pro Is $700, Says Analyst
Rolls, a games industry analyst for Ampere, says the pricing strategy for PS5 Pro aligns with Sony's desire to "protect its margin", simply meaning it doesn't want to sell the console at a loss. He also cites "supply chain inflation" and "a lack of direct competitor to its mid-cycle upgrade compared to last generation" as further reasons for the $700 cost.