The Real Issue with the PS5 Pro Isn't Its Price Tag

We regularly publish data on the accessories market on GamesIndustry.biz as part of our monthly charts reports. Although these figures don't often gain much traction elsewhere, they do offer some fascinating insights. For instance, the PlayStation Portal, a handheld device for streaming PS5 games within the home, is the top accessory by revenue this year. Additionally, the DualSense Edge, priced over £200, is the second most financially successful controller in the UK for 2024. Sony is well aware of its dedicated fan base, their willingness to invest in premium experiences, and what they can afford. This knowledge underpins the release of the PS5 Pro, a device tailored to these enthusiasts rather than a broader attempt to drive hardware sales or attract users from other platforms like the Nintendo Switch or PS4. The $700 price tag for the PS5 Pro has sparked controversy, with some critics viewing it as a misstep by Sony. However, it's essential to consider the current manufacturing costs and the industry's shift away from aggressive pricing strategies. The reality is that margin matters in 2024, and Sony's decision reflects this new landscape. While the price may be prohibitive for some fans, the PS5 Pro is aimed at a niche within the PlayStation community. For those who want it and can afford it, the device offers an enhanced experience. For others, the standard PS5 remains a viable option, with all games running smoothly and many titles still being released on the PS4. The real concern surrounding the PS5 Pro is the timing of its release. Four years into the console cycle, it still feels early, especially considering the PS4 Pro launched a year earlier in its lifecycle. At that time, there were clear technical justifications for the upgrade, such as the move to 4K screens, and several major titles had already been released. In contrast, the current generation has seen significant delays due to COVID-19 and the transition to hybrid and remote work models. Many of the industry's biggest developers have yet to release games for the PS5, and those that have often still support the PS4. This has resulted in a stop-start console generation that hasn't fully gained momentum. The PS5 Pro does have an audience, comprising dedicated PS5 gamers who have been engaged with the platform since its launch. These enthusiasts have played through various games, including Spider-Man titles, Elden Ring, and God of War, and are ready to upgrade for an enhanced experience. With a promising lineup of games in 2025, including Monster Hunter Wilds, Borderlands 4, and GTA 6, the investment in a PS5 Pro may feel justified for these fans. However, the cynicism surrounding the new machine stems not from its price or appeal but from the perception that the console industry should regain its footing before offering more powerful hardware.