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Microsoft raises Xbox console prices as component costs soar

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Microsoft has reportedly announced that it will raise the prices of its Xbox game consoles, marking a significant shift, hours after Apple declared price hikes for MacBooks and iPads. 

This major move will be implemented on August 1. The Xbox Series S console containing a massive 512GB of storage drive will go up by $100 to about $500. 

Consequently, 1TB models will increase by $150, while the entry-level Xbox Series X will now start at about $750.

The US company said in a........

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