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Microsoft Raises Xbox Series Console Prices Worldwide for a Third Time Starting August 1

Microsoft has announced a third round of global price increases for Xbox Series X and S consoles, effective August 1. Prices will rise by up to $150 USD depending on the model, and the 2TB model will be discontinued. Microsoft cited rising memory and storage costs as a key driver, and also announced purchase support measures such as installment payment options.

First seen 4d ago7 sources covering

Sources (7)

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How sources are framing this

Aftermath framed the news with pointed editorial emphasis on the layoffs occurring alongside the price hike, while Japanese outlets like Automaton focused more on the technical cost factors driving the increase.

What we know

  • Xbox Series console prices will increase worldwide starting August 1, marking the third global price hike
  • Prices will rise by up to $150 USD depending on the model
  • The 2TB Xbox Series X model will be discontinued as part of the pricing restructure
  • Microsoft cited rapidly increasing memory and storage costs as the primary reason for the price hike
  • Microsoft announced purchase support measures including installment payment plans to help offset the increases
  • The announcement comes amid reports of mass layoffs at Microsoft