Gaming PC

Microsoft Mulls Hiking Price of Xbox Consoles and Games

After Sony increased the price of its PlayStation 5 gaming console earlier this year, Microsoft said it had no plans to increase the price of the Xbox Series X|S system. But apparently the company only meant that it had no such plans this holiday season. However, due to inflation and rising costs, Microsoft may “have to increase” the price of its consoles in the future.

Microsoft’s Xbox Series S and Xbox Series X consoles continue to carry price tags of $299 and $499 respectively this holiday season. The software giant also continues to charge $59 per standard video game and, unlike its industry peers, does not raise the price of its games. But as we move forward, the company may not be able to sell its systems and games at these prices, Microsoft’s head of gaming, Phil Spencer, said at a Wall Street Journal event. WSJ Tech Live (opens in new tab) A meeting earlier this week (via CNET News (opens in new tab)).

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button