I don’t think saying “public opinion” is a good model for why the PS5 costs what it costs. I would expect that retailers are forbidden to charge more by contracts that they have signed with Sony.
As far as Sony being limited by “public opinion” I have a heard time imagining a situation where Sony sets the prices to 1.5X of what they are currently resulting in a big customer backslash against Sony.
One model of why Sony is acting the way it does is because Sony wants to give game developers the impression that Sony is committed to selling a lot of PS5 and if Sony would price the PS5 higher that commitment wouldn’t be appearent.
I don’t think saying “public opinion” is a good model for why the PS5 costs what it costs. I would expect that retailers are forbidden to charge more by contracts that they have signed with Sony.
As far as Sony being limited by “public opinion” I have a heard time imagining a situation where Sony sets the prices to 1.5X of what they are currently resulting in a big customer backslash against Sony.
One model of why Sony is acting the way it does is because Sony wants to give game developers the impression that Sony is committed to selling a lot of PS5 and if Sony would price the PS5 higher that commitment wouldn’t be appearent.