<div id="readability-page-1">Historic sales drop: PS5 sales fell 58% and Xbox 12% in May 2026, their worst May performances in decades, as higher prices dampened demand. Prices keep rising: Xbox will raise console prices again in August by $100–$150, citing a global memory shortage; PS5 prices are already up 33% year-on-year. Holiday supply risks: Retailers warn GTA 6’s November launch could spark console shortages amid ongoing component constraints.</div>

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<p>PS5 and Xbox sales hit record lows in May 2026, dropping 58% and 12% respectively due to rising prices. Xbox plans further price hikes of $100–$150 in August amid global memory shortages, while PS5 prices are already up 33%. Retailers warn that the upcoming GTA 6 launch could exacerbate console supply constraints.</p>

- PS5 sales dropped by 58% and Xbox by 12% in May 2026, marking their worst performances for the month in decades due to rising prices.  
- Xbox plans to increase console prices again in August by $100–$150, attributing this to a global memory shortage, while PS5 prices have already risen by 33% year-on-year.  
- Retailers have warned that the upcoming launch of GTA 6 in November may lead to console shortages, exacerbated by ongoing component constraints.

Xbox and PS5 sales hit record lows as prices climb