What do you want to know?
- The PlayStation 5 is Xbox’s primary competitor in the console gaming space.
- Today, Sony announced that the PS5 will receive a price hike in key markets including Japan and the UK
- Microsoft released a statement to us saying it has no plans to follow suit.
Today, Sony released an unexpected surprise in the video game industry Raised prices of PlayStation 5 in several major markets. In some regions the price increase is 20% or more. The company cited economic stress and inflation as key drivers of its decision.
Since that announcement, Xbox fans and commentators from across the gaming sphere have been surprised Microsoft will follow suit With Xbox Series X or Xbox Series S. Microsoft has gained a lot of ground in the current console generation by focusing on value. Xbox Game PassAnd very affordable Xbox Series S, which targets 1080p while bringing next-generation speeds. One could argue that Microsoft raising its console prices at a time when families are struggling in a tough economy would blow a hole in that argument, and Microsoft seems to agree.
In a statement to Windows Central, a Microsoft spokesperson confirmed that there are no plans to increase the price of the Xbox Series X or Xbox Series S, reiterating that they will remain at their base RRPs in various currencies, including USD, GBP and more. Euro.
“We are constantly evaluating our business to provide our fans with the best gaming options. Our Xbox Series S has a suggested retail price of $299 (£250, €300) and Xbox Series X $499 (£450, €500).
While this isn’t a hard guarantee that we’ll never see price hikes for the Xbox Series X and Xbox Series S consoles, it’s an encouraging sign that Microsoft isn’t looking to do so in the short term. It is certainly a fact that markets around the world are reeling from disrupted supply chains and inflation as a result of the global pandemic. England is expected to have an unprecedented impact 18% inflation milestoneFor example, currencies in Europe have also suffered due to disruptions in the energy sector due to Russia’s war of aggression in Ukraine.