The price drop promotions come just as Sony has announced it has sold 40 million PS5s since the console’s launch in 2020. PS5 shipments have increased this year, after Sony revealed it has tripled the number of consoles it shipped from January to March at 6.3 million units compared to 2 million in the same period last year.
A temporary PS5 price drop is also in place just before Sony is expected to announce a PS5 Slim model. Insider Gaming reported last year that Sony was preparing for a PS5 with a detachable disc drive for September 2023.
Microsoft referenced the rumors in the FTC v. Microsoft hearing recently, predicting that the PS5 Slim could be priced at $399.99. If such pricing is accurate the PS5 Slim would maintain the same price point as the Digital Edition of the PS5, but potentially offer consumers the choice to add a disc drive at a later date.