Increase in Xbox Series X price to $800 by Microsoft, marking the second such hike in five months. Now, the PS5 Pro appears more economical compared to the Xbox.
In a recent announcement, Microsoft has revealed that it will be increasing the prices of its Xbox Series X and S consoles. The changes, effective from October 3, 2023, will see the Xbox Series X 2TB priced at $799.99 (previously $729.99), the Xbox Series S 512GB at $399.99 (previously $379.99), and the Xbox Series S 1TB at $449.99 (previously $429.99).
The price hikes are attributed to changes in the macroeconomic environment. This trend of increased prices in consumer electronics, including gaming consoles, is also being influenced by tariff increases.
Interestingly, the price changes do not extend to headsets or controllers this time around. This move could be part of Microsoft's strategy to encourage consumers to use Xbox Cloud Gaming on multiple devices.
It's worth noting that the price increases only affect consoles sold in the United States. As for Sony and PlayStation consoles, while the company is increasing prices, the specific details are yet to be disclosed.
This development could potentially lead to further PlayStation price increases in the future. However, at present, no timeline or information about the upcoming price increases for PlayStation consoles has been provided.
The affordability of gaming devices in the face of these price hikes remains to be seen. For now, gamers in the USA will need to adjust to the new prices when they take effect in October 2023. The price of the Xbox Series X Digital will increase to $599.99 (from $549.99).
This news comes as the gaming industry continues to evolve, with new consoles, games, and technologies being introduced regularly. Stay tuned for more updates on this developing story.
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