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Microsoft Raises Xbox Console Prices for Third Time in 13 Months

Microsoft Raises Xbox Console Prices for Third Time in 13 Months
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Consumer Tech Microsoft Raises Xbox Console Prices for Third Time in 13 Months Microsoft Corp. announced a third substantial price increase for the company’s current-generation Xbox video-game consoles in a glaring example of the component shortage crisis that has universally driven up the cost of consumer tech products. Starting Aug. 1, Xbox consoles will increase by $100 for models with 512 gigabytes of storage and $150 for 1 terabyte versions. Microsoft is also phasing out its previous...

Consumer Tech Microsoft Raises Xbox Console Prices for Third Time in 13 Months Microsoft Corp. announced a third substantial price increase for the company’s current-generation Xbox video-game consoles in a glaring example of the component shortage crisis that has universally driven up the cost of consumer tech products. Starting Aug. 1, Xbox consoles will increase by $100 for models with 512 gigabytes of storage and $150 for 1 terabyte versions. Microsoft is also phasing out its previous highest storage tier of 2 terabytes.
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Originally published by Bloomberg Technology Read original →