Microsoft has announced that it is increasing the price of Xbox worldwide from August 2, blaming increased costs for console storage and memory. The 512 GB models will increase by $100 and the 1TB model will increase by $150; the 2TB variant will be withdrawn. The company did not immediately confirm pricing for non-US markets.
It’s interesting to see how global factors are impacting pricing strategies. The decision to withdraw the 2TB model also raises some questions about future offerings. It will be curious to see how this affects consumer response and the gaming market overall.