Price elasticity is an easy to understand concept: the price goes down and the sales go up. Sony has been enjoying an extraordinarily strong year with the PS5, and thus it was inevitable that the moment it cut prices, it’d see sales absolutely surge. And that’s exactly what’s happened in the UK, where a disc-based console can be bought for as little as £399.99.
PS5 Sales Absolutely Explode in the UK Following Price Cut
Up by an enormous 75 per cent