Microsoft to raise Xbox console prices worldwide

Seeking Alpha ·

Microsoft ( MSFT ) on Thursday said it will increase prices for its Xbox consoles worldwide from August 1, citing sharply higher costs for storage and memory components. The company said prices for Xbox consoles with 512 gigabytes of storage will rise

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Microsoft (MSFT) announced it will raise Xbox console prices globally starting August 1, citing rising costs and using the 512GB storage model price increase as an example. The move is driven by sharp increases in storage and memory component prices such as NAND and DRAM and supply-side pressures, intended to defend hardware margins. In the short term, this may put pressure on unit sales and encourage consumer substitution toward used devices, cloud gaming, or PC transitions. Memory and storage manufacturers could benefit from improved profitability. In the medium to long term, Microsoft is likely to defend its revenue structure through hardware price increases while increasingly relying on software and subscription-based revenue.

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