Sony increased the cost of its PS5 systems, and as a result, the gaming industry as well as other gaming companies have been making fun of them. As a result of this information, both Microsoft and Nintendo decided against raising Switch costs. Xbox systems won’t have their prices increased, according to Phil Spencer, CEO of Microsoft Gaming.

For those who have yearned for one of these systems ever since they were revealed, this is welcome news. Due to the pandemic, the chip scarcity, and the overabundance of scalpers on the market, getting an Xbox Series X/S, PS5, or even a Nintendo Switch has been difficult.

Sony’s announcement of a price increase for the PS5 consoles only served to exacerbate the situation. Prices in some international markets increased by about $35.34 in the UK, $49.99 in Europe, and $75.52 in Japan. These amounts are approximations of the USD values.

Advertisement A price increase for Xbox Consoles won’t take place. The topic of price came up in Phile Sencer’s recent interview with CNBC regarding Xbox and some of the company’s future goals. Spencer provided some positive news in response to the interviewer’s question about whether Microsoft wants to emulate Sony.

We consider values to be extremely crucial. I can state with certainty that we do not currently have plans to increase the cost of our console. That’s excellent news for anyone planning to buy an Xbox in the near future.

WHAT ABOUT LATER IN THE TIMELINE, HOWEVER? Spencer’s remark is encouraging for anyone looking to purchase a console soon, but there was more to his statement. Although it doesn’t suggest a price increase, it does indicate that even Microsoft’s future is uncertain.

Advertisement Moving forward, we continuously assess our company. I don’t believe we can ever declare that we won’t do something. Similar to what Nintendo indicated regarding Switch costs, this Since the economy is struggling, it is difficult to predict what may transpire in the future. According to Phil Spencer, the firm doesn’t currently have any plans to raise the price of the Xbox, but it doesn’t guarantee that it won’t in the future.

Nowadays, prices are rising for a wide range of goods and services, and this trend doesn’t appear to be slowing down anytime soon. Any business that keeps its products priced at their initial levels is playing with a ticking timebomb. In 2017, the Nintendo Switch was released. How long can the business maintain the current price? Nobody is aware.

In any event, if you’re interested in purchasing an Xbox system, you need start getting ready right away. How long these pricing will remain in effect is unknown.

Advertisement

SHARE
TWEET

You may also like