Latest news with #XboxSeriesX2TBGalaxySpecialEdition
News18
03-05-2025
- Business
- News18
After PlayStation 5, Microsoft Hikes Xbox Prices In These Countries
Last Updated: Xbox prices are going up in major regions for Microsoft as the current situation with tariffs likely to have resulted in these changes. Microsoft has announced that it is raising prices on its Xbox games, consoles and accessories worldwide, citing market conditions during the ongoing trade war. This comes two weeks after rival Sony made a similar move with its PlayStation 5 prices across Europe, Australia and New Zealand, citing inflation and a tough economic environment. The company announced the price hikes for Xbox consoles and controllers would come into effect from May 1. With these changes, the entry-level Xbox Series S 512 GB price goes up from $300 (Rs 25,500 approx) to $380 (Rs 32,300 approx). Similarly, the more powerful Series, Xbox Series X 2TB Galaxy Special Edition will sell for $730 (Rs 62,00 approx) up from $599.99 (Rs 51,000 approx). The company also confirmed that some new first-party games would be priced at $79.99 (Rs 6800 approx) this holiday season. While the company is increasing its prices globally, controller and headset prices will also go up only in the US and Canada. In a blog post, Xbox wrote, 'We understand that these changes are challenging, and they were made with careful consideration given to market conditions and the rising cost of development." 'Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players," they added. While not explicitly mentioned by the company, Donald Trump's tariffs on Washington's trading partners have cast a shadow over the gaming industry. And over the years Xbox has been manufactured in China, which is why it faces 145 percent US tariffs on a wide range of products. In the United States, the entry-level Xbox Series S will see a 27-percent increase, and the premium Series X Galaxy Black model will now retail with a 22-percent hike. First Published: May 02, 2025, 15:22 IST
Miami Herald
01-05-2025
- Business
- Miami Herald
Microsoft makes a troubling announcement
Between the April announcement of President Trump's tariffs and the concerning comments about what they could mean across various business sectors, it's no wonder Americans are feeling very economically unsure at the moment. To add a cherry on top of that not-so-appealing sundae, people are also seeing prices go up everywhere from the mall to the grocery store - and some of their favorite places to shop for cheaper alternatives, such as Temu and Shein, have both recently announced that their prices are going up. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter With so many worries about money, people are feeling reserved about non-essential spending. A March report from the Commerce Department shows that more Americans saved and pulled back on purchasing, a trend that's likely to continue in this uncertain climate. Related: Temu quietly makes drastic decision as consumers switch gears Now tech behemoth Microsoft (MSFT) has also made a new announcement about raising some of its costs, and it's already made a lot of people angry among a loyal user base of millions. Image source: Bloomberg/Getty Images In a statement made on May 1, Microsoft detailed price increases for its video game consoles, accessories such as headsets and controllers, and some of its games. The price hike for consoles is not insignificant, either. The smallest increase is for the Xbox Series S 512, which increases in price by $80, going from $299.99 to $379.99. The largest increase affects the Xbox Series X 2TB Galaxy Special Edition console, which gets an $130 bump, going from $599.99 to $729.99. While the Xbox's core controllers will remain $64.99, prices on its limited edition controller will increase $10 from $79.99 to $89.99. The Elite Wireless Controller Series 2 (Core) will also get a $10 price increase, while the Full Controller gets a $20 bump. Headset costs will also increase from $109.99 to $119.99. The games that will see price increases have not yet been named, but it would make sense that they could affect massively popular franchise Call of Duty, which is played by hundreds of thousands of people daily. "We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development," Xbox said in the official announcement. "Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players." It's worth noting that the consoles getting the price increases are already five years old as of 2025. The typical lifespan of a video game console before the technology ages out is 5-8 years. While video game fans are already complaining about the price increases on Reddit and other social forums, Microsoft's move is hardly a surprise, as it mirrors recent decisions of other video game companies. Related: Nintendo's shocking price decision frustrates fans Nintendo recently instituted price increases as well. After 40 years of being known as a family-friendly, affordable source for video games, Nintendo said its sequel to the Switch, called the Switch 2, would cost $449, a whopping $150 more than the original Switch when it came out in 2017 (not to mention a price out of many families' comfort zones). Nintendo also revealed a price increase on its first-party games, with some going for as much as $89.99. Previously, most Nintendo first-party titles sold for $49.99-$59.99. One key reason for these increases is the rising cost of making triple A video games. In 2023, a report from the Competition & Markets Authority stated that some video games can cost as much as $1 billion to make after development and marketing costs add up. The video game industry made $184.3 billion in revenue in 2024, with 50% of that coming from mobile games. Considering that console games only account for 27% of that number and are trending toward costing more than ever before, it would be no surprise to see more people turning to mobile this year, where the cost of entry for most games is a much more palatable $0. Related: Nintendo makes a harsh decision amid threat of tariffs The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Hindustan Times
01-05-2025
- Business
- Hindustan Times
Microsoft raises price of Xbox Series consoles globally, first-party games to cost $80. Here's what to know
Microsoft is raising the price of Xbox Series consoles, controllers, headsets, and some first-party games worldwide due to 'market conditions' amid Donald Trump's global tariffs. In a statement shared on its official website, Xbox revealed the new prices, which will see a 14 to 27% increase from previous costs. The company announced that the price hikes for Xbox consoles and controllers would begin on May 1, with the entry-level Xbox Series S price jumping from $299.99 to $379.99. Meanwhile, the Xbox Series X 2TB Galaxy Special Edition will now retail for $729.99, up from the previous price tag of $599.99. Xbox also confirmed that some new first-party games would be priced at $79.99 this holiday season. While the company is increasing its prices globally, headset costs will go up only in the US and Canada. 'We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development,' Xbox said on its website. 'Looking ahead, we continue to focus on offering more ways to play more games across any screen and ensuring value for Xbox players,' the company said on its website,' the tech giant added. You can check out the new prices for Xbox consoles and controllers in the US below: Xbox Series S 512 - $379.99 (up from $299.99) Xbox Series S 1TB - $429.99 (up from $349.99) Xbox Series X Digital - $549.99 (up from $449.99) Xbox Series X - $599.99 (up from $499.99) Xbox Series X 2TB Galaxy Special Edition $729.99 (up from $599.99) Xbox Wireless Controller (Core) - $64.99 Xbox Wireless Controller (Colour) - $69.99 Xbox Wireless Controller - Special Edition - $79.99 Xbox Wireless Controller - Limited Edition - $89.99 (up from $79.99) Xbox Elite Wireless Controller Series 2 (Core) - $149.99 (up from $139.99) Xbox Elite Wireless Controller Series 2 (Full) - $199.99 (up from $179.99) Xbox Stereo Headset -$64.99 Xbox Wireless Headset - $119.99 (up from $109.99)
