Microsoft has announced a price increase for its Xbox consoles, with the Series S going up by $50 to $299.99, while the Series X sees a $20 increase. This decision is influenced by rising development costs and existing market conditions. Contrarily, the gaming industry usually sees prices fall post-launch. Rival Sony has also raised PlayStation 5 prices, indicating a broader trend of rising console prices globally, possibly influenced by US tariffs. Experts suggest these adjustments may reflect strategies to safeguard the US market due to significant price rises there.
Microsoft has raised global prices for Xbox consoles due to increasing development costs and market conditions, a reversal of the typical trend of decreasing prices post-launch.
The US sees significant price hikes compared to the UK, driven by market dynamics and possibly tariffs influencing global pricing strategies in the gaming industry.
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