Xbox claims there will be NO price increase despite PS5 surge

XBOX has commented that it will not increase the prices of its Xbox Series consoles after Sony announced that the PS5 will receive a price increase.

Sony Interactive Entertainment (SIE) CEO Jim Ryan announced yesterday (25th August) that the price of PS5 consoles will increase by up to 12% after high inflation rates around the world.

Xbox prides itself on offering more affordable gaming options like the Series S.

1

Xbox prides itself on offering more affordable gaming options like the Series S.Image credit: Mika Baumeister via Unsplash

The price increase will affect the majority of non-US regions.

The amount you get consoles increases depending on the currency.

Europe will be one of the hardest-hit regions, as the prices of both versions of the PS5 will increase by €50 each.

Xbox has now responded to questions about whether the company will follow suit and increase the price of the Xbox Series consoles.

These Xbox 360 games are some of the best ever made
Xbox helps you save space on your console

The company prides itself on being an affordable console gaming option.

Speak with Windows headquartersXbox claims there will be no price increase for its consoles, no matter what region you live in.

A statement from an Xbox spokesperson said: “We are constantly evaluating our business to provide great gaming options for our fans.

“Our suggested retail price for the Xbox Series S remains at $299 (£250, €300), Xbox Series X is at $499 (£450, €500).”

There is currently a global economic crisis in which inflation has risen almost everywhere.

The UK is one of the hardest hit regions, with inflation expected to rise to unprecedented highs of 18%.

Sony is hoping to protect its profits by fighting inflation with its latest price hike.

This is extremely unusual, especially for a console that has been on the market for almost two years.

The last time any of the Big Three game console manufacturers increased the price of their mainline console was in 2009.

Nintendo raised the price of the Wii by £20 during the UK recession.

Written by Georgina Young on behalf of GOOD LUCK AND HAVE FUN.

All the latest gaming tips and tricks

blank

Looking for tips and tricks for your favorite consoles and games? We’ve got you covered…

Get all the news about PS5, Xbox and other video games here

https://www.thesun.ie/tech/9311131/xbox-refuses-price-rise/ Xbox claims there will be NO price increase despite PS5 surge

Fry Electronics Team

Fry Electronics.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@fry-electronics.com. The content will be deleted within 24 hours.

Related Articles

Back to top button