The PlayStation 5 's recent price increase points to the end of a long-standing trend in gaming industry pricing. Yesterday, Sony announced new recommended retail pricing for all PS5 models , raising the price of the console across the board by $50. Pricing officially goes into effect today; if you haven't already, you missed your chance to get a PS5 at its launch price.

Although the price increases are pretty marginal, it points to a worrying trend that bucks a classic console tradition. The golden age of console discounts may be well and truly over.

Consoles Like The PS5 Are Getting More Expensive

Sony, Microsoft, & Nintendo Raise Prices

Custom Image by Lee D'Amato

Sony is only the latest manufacturer to increase console prices : the cost of multiple Xbox Series X and S mo

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