Xbox prices jump $100 or more
▼ Summary
– Microsoft is increasing Xbox console prices starting August 1st, with 512GB models rising by $100 and 1TB models by $150.
– The Xbox Series S will cost $499.99, the disc-less Series X will cost $749.99, and the Series X with a disc drive will cost $799.99.
– Microsoft is discontinuing its 2TB Xbox Series X model.
– The price hike follows a previous increase of $20 to $70 in October, which Microsoft had hoped to avoid.
– Microsoft attributes the price increases to console storage and memory prices rising over 2.5 times, with another doubling expected by fall 2027.
Microsoft is raising Xbox console prices once again, with increases ranging from $100 to $150 depending on the model. Effective August 1st, the 512GB Xbox Series S will cost $499.99, a $100 jump. The disc-less Xbox Series X climbs to $749.99, while the Series X with a disc drive hits $799.99, each $150 higher than before. Additionally, Microsoft announced it will be “sunsetting” the 2TB Xbox Series X model.
This marks the second price hike in less than a year. The company previously increased prices by $20 to $70 back in October, and had expressed hope that further adjustments wouldn’t be necessary. However, Microsoft now cites a sharp rise in component costs. “Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027,” the company stated.
(Source: The Verge)
