Tom Gerken and Liv McMahon are part of the technology team.
If a person wants a Sony PS5 but not a Nintendo Switch, the price will go up.
EU consoles will cost 50 more in the UK and Canadian consoles will cost more in Canada.
Nintendo says that its prices will stay the same despite the fact that Sony is increasing its consoles prices.
The PC gaming community may soon be able to save money.
In the last few years, there has been a shortage of graphics cards due to overproduction by the company.
He said that the strategy was to sell below the current sell-through levels in the marketplace to give the channel an opportunity to correct.
It's possible that the price of high-end graphics cards will fall.
There will be no price increases in the US despite the increase in cost.
The lack of a price increase in the US was due to the strength of the dollar, according to an analyst.
He said that Sony is impacted by currency exchanges and the strength of the dollar.
"You've got this nuanced approach which is trying to reflect the impact on the costs of goods in relation to those specific markets."
The global economic environment is a challenge that many of you around the world are facing.
High global inflation rates, as well as adverse currency trends, are impacting consumers and creating pressure on many industries.
He did not think the price increase would deter people from playing games.
Even though the availability is not good, the price increase won't have a big impact on demand.
I don't think it will change Sony's outlook. I believe they're going to sell all the products they can.
The cheaper console in the market coupled with Game Pass could give Microsoft an advantage.
The Microsoft company has been contacted by the British Broadcasting Corporation.
Nintendo wants to offer unique entertainment to a wide range of customers, but they don't want to price people out.
Our competition is the variety of entertainment in the world, and we always think about pricing in terms of the value of the fun we offer.