Sony preps for $700-million tariff bill and possible PS5 price hike

Video games are an expensive hobby, and we're already seeing higher prices from Nintendo and Xbox. Now, we have bad news for PlayStation gamers.

In its latest earnings call, Sony CFO Lin Tao confirmed that the company is exploring raising prices as a result of the Trump administration's new tariffs. And while Tao didn't name the PS5 directly, the gaming division is Sony's most profitable, and the company just raised prices on PS5 hardware in several regions outside the U.S. a month ago....