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There's probably some of that, but Sony may also try to recover some of the (now lost) projected profits in the US market, by hiking prices elsewhere. These tar
by actionfromafar 2y ago
There's probably some of that, but Sony may also try to recover some of the (now lost) projected profits in the US market, by hiking prices elsewhere. These tariffs were very sudden and probably messes with their planning.
- sunshine-o 2y agoYes we agree. The Playstation is already more expensive in the EU than the US (including VAT) It is deeply unfair for the citizen of Greece, Cyprus or Portugal who are quite "poor" relative to the US. So now Greek people have to subsidize even more the Playstation for Americans? It is absurd and it is even more disturbing because we can't even blame politicians for this, it is solely a decision of Sony.
- actionfromafar 2y agoIt feels absurd for me to defend Sony, but this situation could have been a big problem for any company which has budgeted and maybe loaned money based on projected quarterly earnings. They may be reacting almost in panic to the new reality.