Microsoft has announced worldwide price increases for its Xbox consoles and select games, with significant hikes reflecting challenging market conditions and development costs. In the U.S., the Xbox Series S will now cost $379.99, up 27%, while the premium Series X will rise to $729.99. Prices for new games from Microsoft-owned studios will also see a 14% increase to $79.99. This move comes just after Sony increased its PlayStation 5 prices, highlighting a trend influenced partly by tariffs affecting manufacturing costs.
In the U.S., the Xbox Series S price will increase by 27%, now $379.99, while the Series X will rise to $729.99, a 22% hike.
Microsoft's price increases for consoles and select games are attributed to market conditions and rising development costs, as acknowledged on their website.
These changes come shortly after Sony announced similar price hikes for the PlayStation 5, indicating a trend in the gaming console market.
The rising prices may also be influenced by tariffs imposed on products manufactured in China, as Xbox consoles primarily originate from there.
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