Xbox Price Hike: Microsoft Increases Console and Game Prices

Xbox Price Hike: Microsoft Increases Console and Game Prices

Key Takeaways:

  • Xbox Series X, Series S, and accessories now cost more.
  • New first-party games will be $79.99 this holiday season.
  • Price changes start today, October 18, 2023.
  • You might still find older prices at some retailers for a short time.

Microsoft is raising the prices of Xbox consoles, games, and accessories worldwide starting today. This decision comes after the company considered the current market and rising development costs. Let’s break down what this means for gamers.

Why Is Microsoft Raising Prices?

Microsoft says the price hike is due to market conditions and the increasing cost of developing games and hardware. It’s a move many companies make to balance their expenses and profits. For gamers, this means paying more for new Xbox consoles and upcoming games.

How Much More Will Xbox Consoles Cost?

Here’s a breakdown of the new prices in the United States:

  • Xbox Series X (with disc drive): Now $599.99 (up from $499.99).
  • Xbox Series X (digital): Now $549.99 (up from $449.99).
  • Xbox Series S (1 TB): Now $429.99 (up from $349.99).
  • Xbox Series S (512GB): Now $379.99 (up from $299.99).

These new prices are already live on Microsoft’s official website. Retailers will also update their prices soon, but for now, you might still find the older prices at some stores while supplies last.

What About Games?

Microsoft is also increasing the price of its first-party games. Starting this holiday season, new games like Halo, Gears of War, and others will cost $79.99. This is the first time Microsoft has raised its game prices in several years.

Can I Still Get the Old Prices?

Yes, but not for long. Microsoft has already updated its online store, but local retailers might still have stock at the old prices. If you’re planning to buy an Xbox or accessories, act fast to grab the deal before prices go up everywhere.

What Does This Mean for Gamers?

The price increase might make it harder for some players to afford new consoles and games. However, Microsoft’s move reflects the current state of the gaming industry, where costs for making games and hardware are rising.

Should I Buy Now or Wait?

If you’ve been thinking about buying an Xbox, now might be the time to check local retailers for the old prices. If you can’t find them, you’ll have to pay the new prices soon.

What’s Next for Xbox?

Microsoft hasn’t announced any plans to lower prices in the future. For now, gamers will have to adjust to the new costs. The company will likely continue to focus on releasing high-quality games and hardware to justify the higher prices.

Conclusion

Microsoft’s decision to raise Xbox prices is a significant change for gamers worldwide. While the new prices might disappoint some, they reflect the current challenges in the gaming industry. If you’re in the market for a new Xbox, keep an eye on local retailers for the best deals before the old prices disappear.

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