Sonos speakers are about to get more expensive, the company said Friday that most speakers in its lineup will see a price hike starting Sept. 12 due to ongoing global supply chain constraints.The Arc soundbar is set for the biggest price jump – from $799 to $899, a $100 increase
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while most items climb to $20 or $50, Sonos Boost Wi-Fi extensions and components. Sonos Port streaming is currently priced at $99 and $449 respectively.Price hikes are not uncommon. Sonos chief financial officer Brittany Bagley confirmed during an August earnings call that a price hike is imminent (PDF).We always evaluate our prices, not just the cost.
But where are we from a supply and demand standpoint?” Bagley said, “and when we consider all those factors, We will raise some prices before our next fiscal year.This increase reflects an ongoing trend in many industries. This is because broad supply constraints affect everything from prices for new Teslas to PlayStation 5.