Microsoft Has Announced That The Xbox X And XS Will Not See A Price Increase, In response to reports that Sony will raise the price of the PlayStation 5 in a number of regions, Microsoft has stated unequivocally that it does not intend to make any such adjustments to the prices of the Xbox Series X and S consoles.
Microsoft has confirmed in a statement to Windows Central that there are no plans to increase the price of the Xbox Series X or Series S consoles and that the company intends for the consoles to continue to be sold at the same price in the United States, the United Kingdom, and Europe.
According to Microsoft, the suggested retail price of the Series S will continue at $299, while the price of the Series X will remain at $499.
The Price You’ll Pay to Fully Outfit Your Xbox Series X
In response to reports that Sony will raise the price of the PlayStation 5 in a number of regions, Microsoft has stated unequivocally that it does not intend to make any such adjustments to the prices of the Xbox Series X and S consoles.
Microsoft has confirmed in a statement to Windows Central that there are no plans to increase the price of the Xbox Series X or Series S consoles and that the company intends for the consoles to continue to be sold at the same price in the United States, the United Kingdom, and Europe.
According to Microsoft, the suggested retail price of the Series S will continue at $299, while the price of the Series X will remain at $499.
The announcement that Sony will be altering the pricing of the PlayStation 5 in Europe, the United Kingdom, the Middle East, Africa, Asia, and Latin America as well as Canada was reported previously, thus this statement follows that news.
The business made the announcement on the PlayStation Blog and cited the rising cost of living around the world as well as “adverse currency movements” as the reason for the price rise of the PlayStation 5 and the PlayStation 5 Digital Edition in a number of different markets.
For instance, in the United Kingdom, the price of a PS5 equipped with a disc drive has increased to £479.99, up from £449.99, while the price of the Digital Edition has increased to £389.99, up from £359.99.
Because of the state of the economy in the world as a whole, many different companies, including Sony, have decided to raise the cost of their respective systems. At the beginning of this year, Meta made the announcement that the company’s popular Meta Quest 2 VR headset will have a price hike of $100.
According to the opinions of various experts, the continued strain placed on the global supply chain is the primary factor behind the recent spikes in prices. Despite this, Piers Harding-Rolls of Ampere Analysis argues that Sony may not be negatively affected by the price increase due to the sustained level of demand.
The supply chain has been under strain almost since the beginning of the COVID-19 epidemic, and this strain has been exacerbated by the state of the global economy as well as the invasion of Ukraine by Russia.
