It's a premium product, sure, but the price is the biggest problem here, since the price is going to be very similar like a when you build a very decent gaming PCs, or when you buy a gaming laptop in many countries.
Like, the PS5 Pro is priced at $699 in the US, but on other countries, the price could easily reach $800-1000 due to several factors, like tax, price hike from the hype, and also scalpers.
Meanwhile, buying the base PS5 is also unattractive, because Sony somehow still refuse to give a decent price cut on the machine, despite the item has been out for 4 years, and they even increase the price on some countries, which is baffling.
This is the reason why many people still playing on their PS4s, or they buy PCs/Laptops instead, since PS5's price is still unreasonably high, and I don't see Sony wants to change it anytime soon...