Sony announces major PS5 price drop in multiple countries. Here are all details

economictimes.indiatimes.com:

Sony has rolled out a substantial price cut for its highly sought-after PlayStation 5 console in several countries, including the UK, Ireland and Germany. The company aims to make the gaming experience more accessible to enthusiasts, with a markdown of approximately 16 per cent on the standard PS5 model. In the UK, gamers can now get their hands on the PS5 for £399.99, down from its regular price of £479.99. Notably, it was launched at £449.99. The promotional offer is available immediately in the UK and will run until August 10. Germany is also partaking in the price drop, with a discount of €75 on the PS5. Amazon Germany, in particular, is offering an even more attractive price of €459.99, significantly below the regular €549.99 pricing, until August 7. It extends to Ireland and Austria, where consumers can save €75. The timing of these price drop promotions coincides with Sony's announcement of a major milestone. The company has successfully sold 40 million PS5 units since the console's initial launch in 2020. This surge in sales can be attributed to the increased shipments in the current year. Sony revealed that it tripled the number of consoles shipped from January to March, reaching 6.3 million units as opposed to 2 million during the same period the previous year.

What countries are participating in the PS5 price drop?The PS5 price drop is currently available in the UK, Ireland and Germany. The promotional offer is available immediately. It will run until August 10 in the UK and August 7 in Germany.How much is the PS5 price drop?The PS5 price drop is 16%, which means that the console is now available for £399.99 in the UK, €459.99 in Germany, and €75 off in Ireland and Austria.