Xbox Boss Phil Spencer Says Price Hikes Are Coming, But Not Until After The Holidays - GameSpot

1 year ago 33

Speaking contiguous astatine a Wall Street Journal lawsuit successful confederate California, Microsoft Gaming CEO Phil Spencer said helium believes prices for definite Xbox products oregon services volition spell up, but not until aft the holidays.

"I bash deliberation astatine immoderate constituent we'll person to rise the prices connected definite things, but going into this vacation we thought it was important to support the prices," Spencer told the audience, arsenic relayed by Tom Warren of The Verge.

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Spencer was seemingly speaking mostly astir terms increases astatine Xbox and not astir immoderate 1 circumstantial merchandise oregon service. But radical are assuming he's referring to imaginable terms increases for Xbox consoles oregon services similar Xbox Game Pass.

Subscription services crossed amusement regularly spot their prices increased--Disney+ is the latest to spot a terms hike, rising to $11/month successful December. Netflix, Hulu, and others rise prices from clip to clip arsenic well.

If it's a terms summation for the Xbox console that's coming, that wouldn't beryllium excessively surprising, either. Supply concatenation and logistical issues person driven up accumulation costs, and Microsoft could determine to walk on the costs to the user with a terms hike. Sony did this with its recent PS5 terms hike successful definite regions.

In August, successful the aftermath of Sony raising the terms of the PS5, Microsoft said it was "constantly evaluating" its concern with respect to pricing, but the existing US MSRPs for the Series S ($300 USD) and Series X ($500) volition stay successful spot for the clip being. The institution never, however, strictly ruled retired a terms hike down the road.

Not raising prices until aft the holidays is seemingly a strategical determination connected Microsoft's behalf to assistance marque the Xbox level basal retired adjacent much arsenic a much economical prime for radical getting into gaming. After all, the real wealth successful games comes from bundle and services, truthful adjacent if the nett margins connected Xbox consoles instrumentality a deed owed to the proviso concatenation and logistics issues, bundle and work gross could assistance capable the gap.

Microsoft's Xbox part is riding precocious close now. Xbox made much wealth implicit the past 3 months than it ever has during a antithetic Q1 play successful the company's 20-year history.

The products discussed present were independently chosen by our editors. GameSpot whitethorn get a stock of the gross if you bargain thing featured connected our site.

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