Xbox series consoles could get a price increase

The XBOX series consoles received a price increase in Japan and could mean future price increases for other regions.

Last October, Microsoft Gaming CEO Phil Spencer announced that Xbox prices were likely to increase this year.

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In an interview he said: “We held [the] We kept the price on our console [the] Price of games for us and our subscription.

“I don’t think we’re going to be able to keep this up forever.”

He seemed determined to keep the price low for both the console and the games over the holidays, but acknowledged that prices could go up in 2023.

The first price increase was announced in December, when Xbox announced that upcoming first-party games like Redfall and Starfield would see a price increase.

While PC and PlayStation games have retailed for an average of £70 ($70) for years, Xbox seemed determined to maintain its £60 ($60) price point.

That was until the announcement that its big-budget games wouldn’t sell at the same price as the competitor’s PlayStation.

However, games weren’t the only thing Spencer said could see price increases. The others are the Xbox consoles and the Xbox Game Pass subscription.

The price of the Xbox series consoles will increase in Japan from February 17th.

Both consoles will see a price increase of 5000 yen (£30/$40).

This is obviously a bigger step up for the Xbox Series S console, which is seen as a budget choice for gamers due to its low price.

In a statement about the increase, Microsoft Japan wrote: “After carefully evaluating market conditions in Japan, we have decided to change the recommended retail price for Xbox consoles in the country.

“We regularly evaluate the impact of local pricing to ensure appropriate consistency across regions.

“This price adjustment affects our customers and was a difficult decision, but going forward we will continue to provide the ultimate Xbox experience our customers have come to expect.”

The Japanese yen is currently at a 24-year low, which Microsoft cites as the reason for the hike.

However, with many other countries suffering from economic instability, Microsoft may consider further price increases in other regions.

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

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