Higher Costs May Force Sony to Raise Price for PlayStation 5

Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) won't release their new consoles until this fall, but the war is already heating up. According to a report from Bloomberg, certain components are pushing up the costs for Sony's upcoming PlayStation 5 game console. 

While some tech specs have surfaced, neither company has finalized all specs for their respective game machines, and that means pricing is still up in the air. The console manufacturers seem to be playing cat-and-mouse on who can deliver the best technology at the lowest price, which could have implications on who wins the next console war.

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Source Fool.com