What Happened
Microsoft has announced a significant price increase for its Xbox Series X and Series S consoles, with hikes of over $100, and in some cases up to $150, being implemented globally. The company cited rising component and memory costs as the primary reasons for this adjustment. The Xbox Series X will now retail for $800 in certain markets.
This move follows previous price adjustments, making it the third time Xbox consoles have seen a price increase in the past 13 months. The company has also discontinued the 2 TB model of the Xbox Series X.
The global crisis and rising costs of essential components are the driving factors behind this decision, impacting the final price for consumers worldwide.
Key Facts
- 1
Microsoft is increasing the prices of Xbox Series X and Series S consoles.
- 2
The price increase ranges from over $100 to up to $150.
- 3
The Xbox Series X is now priced at $800 in some markets.
- 4
Rising memory and component costs are cited as reasons for the price hike.
- 5
This is the third price increase for Xbox consoles in 13 months.
- 6
The 2 TB model of the Xbox Series X has been discontinued.
- 7
The price increases are being implemented globally.
