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Xbox is raising console prices by up to $150 as memory costs keep soaring

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thursday

Xbox is raising console prices by up to $150 as memory costs keep soaring

Microsoft cited a more than 2.5x rise in storage and memory prices, with another doubling expected by fall 2027

Ina Fassbender / Getty Images

Microsoft $MSFT announced price increases for Xbox consoles effective Aug. 1, with 512 GB models rising $100 and 1 TB models rising $150. The entry-level Xbox Series X $TWTR will now start at about $750, according to CNBC.

According to Microsoft, the cost of storage and memory components has climbed to more than 2.5 times their previous levels, with a further doubling anticipated before fall 2027 arrives. The 2 TB Xbox Series X, which launched in 2024, is being pulled from sale entirely.........

© Quartz