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Console Prices

All articles tagged with #console prices

Microsoft hikes Xbox prices again amid economic challenges
technology5 months ago

Microsoft hikes Xbox prices again amid economic challenges

Microsoft has announced a second price hike for the Xbox Series S and X consoles in 2023, citing macroeconomic factors, with U.S. prices increasing by $20 to $50 and the Special Edition Xbox Series X now costing $799. This follows a previous increase in May and coincides with similar price hikes from Sony and Nintendo across their gaming consoles. Despite rising costs, Microsoft reports increased profits in its gaming division.

Microsoft Increases Xbox Series X|S Prices Amid Economic Challenges
technology5 months ago

Microsoft Increases Xbox Series X|S Prices Amid Economic Challenges

Microsoft has significantly increased the prices of its Xbox Series X/S consoles, with the Xbox Series X now costing up to $800, reflecting economic pressures and component costs, despite the console's launch at $500 in 2020. This price hike occurs amid declining sales and intense competition from Sony and Nintendo, raising questions about Microsoft's strategy and the future of its console business.

Sony Announces $50 Price Increase for PS5 in the U.S. Starting Tomorrow
technology6 months ago

Sony Announces $50 Price Increase for PS5 in the U.S. Starting Tomorrow

Sony is raising the price of all PS5 consoles in the U.S. by $50 starting August 21, citing economic challenges, with the current opportunity to purchase at the lower price ending soon. This follows a trend of rising console prices across the industry due to tariffs and chip shortages, marking a shift from the usual trend of decreasing prices over time.