We all know how inflation is influencing various segments of society and the technology and gaming sectors are not immune. Microsoft is one of the few that has kept the price of Xbox and its services, but that could change.
The alert was left by Phil Spencer, head of the Xbox division. In an event organized by The Wall Street Journal, the executive says that inflation may soon affect Xbox products as well.
Phil Spencer hints at future Xbox Game Pass or console price increases at WSJ Live”I do think at some point we’ll have to raise the prices on certain things, but going into this holiday we thought it was important to maintain the prices.”
— Tom Warren (@tomwarren) October 26, 2022
Xbox could rise in price soon, warns Phil Spencer
Nothing is defined yet, at least officially, but Phil Spencer says that Xbox fans should prepare for an eventual price increase. Something that, however, will not be confirmed before the end of 2022.
“I think we’ll eventually have to raise the prices of some things, but over the holiday season we think it’s important to keep prices up. We’ve kept our console price, we’ve kept the games price… and our subscriptions. I don’t think we can do that forever. I think we’ll eventually have to raise some prices on certain things…”
The statements of the head of Xbox do not reveal what will be increased soon. It could be just your consoles, just the Xbox Game Pass service, just some accessories or all of these.
The thing to keep in mind is that there is a strong possibility that Xbox products will go up in price. This is what the market and players should be prepared for and this warning is almost like an early announcement of that decision.
However, it is important to note that Phil Spencer has guaranteed that a price hike will not happen before the end of the year. It is Microsoft’s intention to keep prices current for the upcoming holiday season in order to keep their products competitive.
I remember that Sony recently announced an increase in the sale price of PlayStation 5. At the time, Microsoft said that it would not change the price of Xbox, but never guaranteed that this was not in its plans for another occasion.
Aroged editors recommend: