Microsoft Adjusts Xbox Pricing Worldwide

In a significant move, Microsoft Corporation has announced a global price increase for its Xbox consoles and accessories, attributing the decision to the escalating costs of game development. The Xbox Series X now carries a price tag of $599.99 in the US, marking a $100 increase, while the 512GB Xbox Series S sees an $80 jump to $379.99. The 1TB version has been adjusted to $429.99, with the new 2TB Galaxy Black edition priced at a premium $729.99.

Accessories and Games Also Affected

Alongside console price adjustments, Microsoft has also raised the prices for controllers and accessories globally, with headsets specifically impacted in the US and Canada. Furthermore, the company revealed plans to increase the price of some new first-party games to $79.99, effective this holiday season.

Company Statement on Price Adjustments

"We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development," Microsoft stated, acknowledging the potential impact on consumers.