Microsoft announced an increase in prices for its Xbox Series X|S consoles globally, attributing the hikes to rising import costs and development expenses. Starting in the US, the Xbox Series X will now cost $599, while the Series S will be priced at $379.99. The increase in first-party Xbox game prices to $80 by the 2025 holiday season is also noted. This shift comes amidst a tumultuous tech climate influenced by global trade dynamics and economic pressures on consumers, particularly in the US.
Microsoft's recent price increases for the Xbox Series X|S are a result of rising import costs and development expenses, affecting global pricing for consumers.
The Xbox Series X price will now be $599, while the Series S is increasing to $379.99, reflecting the company's response to market pressures.
In a statement detailing the price hikes, Microsoft emphasized balancing changes with consumer impact while maintaining their commitment to providing value across platforms.
The tech industry is facing significant challenges, as the US/China trade war alters global trade dynamics, leading to increased costs for luxury items like gaming consoles.
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