Sony may have raised PS5 prices in some markets, but Microsoft has no plans to follow suit.
Speaking in Squak Box segment with CNBS Asia, Xbox boss Phil Spencer has confirmed that Microsoft has no plans to raise prices for its Xbox series consoles.
“We're always evaluating our business for the future, so I don't think we can say one hundred percent that we'll never do something,” Spencer said. around 3:45. “But when we look at our consoles today, we think cost is very important. We like the position of the Series S in the market, which is our lower-cost console, half of our news players come from the Series S."
“I can say with confidence that we have no plans to increase the prices of our consoles. "We believe that at a time when our customers are experiencing more economic challenges and uncertainty than ever before, it is not the right move for us to increase the prices of our consoles at this time."
Specker's comment echoes that of a Microsoft spokesperson who said at the end of August that the company had no plans to raise prices for its consoles.
Last month, Sony announced PS5 price hikes in a number of markets due to high inflation and unfavorable currency trends. The United States is the only market that hasn't seen a price increase—at least not yet.
