PS5 Drop Price? Check the Latest Prices Here

The news about the PS5 dropping price certainly surprised many. How come? as the ninth generation "frontier" console that carries cutting-edge technology, PS5 that's what people want.

But the biggest obstacle right now for gamers is the price of the PS5 which tends to be reluctant to go down to earth. This happened not only because the PS5 did not yet have a purely head-to-head rival, but also because the supply-demand ratio was too unequal.

Of course it is a law in the economy when there is 'excess demand' (the amount of demand is higher than the supply in the market), the price of a commodity will soar. That's what happened to the PS5 so far.

So what happened until the PS5 price finally dropped? Here's an explanation vcgamers.com version!

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PS5 as a console made by Sony

PS5 or PlayStation 5 is the ninth generation game console made by Sony which was launched globally (world wide) in November 2020. This console offers better performance and graphics than its predecessors.

Again, Sony launched two variants, namely the standard version (Disc Version) which is equipped with a 4K Blu-ray drive to insert game cassette discs, and the digital version (Digital Version) which can only play games downloaded from the internet.

There are additional unique features that are experienced by the PS5 and are not owned by the PS4. Some of them are the leading technologies that can be found on the market today and are only specially designed (custom) for Sony's newest console:

• DualSense Controller which provides a more realistic sensation of vibration and sound;
• Custom SoC (GPU & CPU) hardware specifications carried out in collaboration with AMD;
• The use of an SSD which speeds up game loading times by up to 100 times;
• Physical drive mounts that support Ultra HD Blu-ray optics;
• Features backward compatibility to various PS4 supports;
• New software;
• etc.

Through these various updates, it's only natural that the PS5 itself already has an exorbitant price from there. But of course that is not the only cause that causes the price console it becomes more and more unstoppable.

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Exorbitant Prices

Actually, there have been efforts made by Sony so that the price of the newest console is not too extreme and the price of the PS5 drops.

However, this all seemed in vain due to various factors affecting the market at that time.

For your information (quoted from the official Playstation website), the initial price that was opened was USD 499 for the disc version or around IDR 7 million.

Meanwhile, the digital only version is priced at USD 399 or around 5.6 million.

At that time the gaming world (especially in Indonesia) had very high hopes as news circulated that the PS5 would be officially released in Indonesia.

This refers to cases that have been, where the official release can maintain the market foundation so that the price gap is not too wide with the original country version there.

However, this hope ran aground when the price for the official Indonesian release (January 2022) went up too high.

The official price that Sony opened instead touched IDR 8.7 million for the disc version, and IDR 7.3 million for the digital only version.

What makes it even more unreasonable, instead of the price gradually weakening and falling, the fact is that the price is getting higher and higher.

In official retail stores, you can find unit prices that can reach up to 9-10 million (for each version) and some are even higher!

Also read: Recommended Best PS5 RPG Games for 2023, Cool Graphics!

PS5 Price Drops

In fact, in the last few weeks, market conditions have become more stable. The number of PS5 stocks on the market has also boomed, while demand has decreased significantly.

This is also inseparable from the abundance of second hand/pre-loved units on the market in fairly prime condition.

Most of these units are used by gaming reviewers/influencers who have finished reviewing the console and want their investment back.

The various conditions above caused the price of the PS5 to drop in several parts of the world, experiencing a significant decline.

Even so, the condition of PS5 unit prices in the domestic market can be said to be quite stable and has not experienced any decline.

Well, it might take time for the conditions in the global market to have an impact on Indonesia. Let's wait together!

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