Xbox employer Phil Spencer: “I can definitely say we have no plans to raise the price of our consoles”

Xbox Series X and S
(Image credit score: Microsoft)

Xbox employer Phil Spencer has actually verified that “at a time when our customers are more economically challenged and uncertain than ever, we don’t think it’s the right move for us at this point to be raising the price of our consoles”.

In a meeting with CNBC’s Squawk Asia, Spencer stated that whilst the firm was “always evaluating our business going forwards” and also “can[‘t] ever say […] that we will never do something”, there were presently no strategies to comply with Sony and also increase the rates of its equipment.

“When we look at our consoles today, Series X and Series S, we think value is incredibly important, and we love the position of Series S in the market, which is our lower-cost console,” Spencer verified, including: “over half of our new players that we’re finding are coming in through Series S”.

“I can definitely say that we have no plans today to raise the price of our consoles,” he stated.

“We think that at a time when our customers are more economically challenged and uncertain than ever, we don’t think it’s the right move for us at this point to be raising the price of our consoles.”

Last month, Sony raised the cost of PS5 right around the globe, with America being the only exception (opens up in brand-new tab) Citing the “global economic environment, including high inflation rates” at the factor behind the cost walking, Sony stated the PS5’s cost would certainly boost with instant impact.

This implies the PS5 currently sets you back ₤ 479.99 in the UK for the base version, while the All-Digital variation retails for ₤ 389.99. The previous currently sets you back CAD $649.99 in Canada and also the last retails for CAD $519.99, while the PS5 sets you back AUD $799.95 in Australia, and also the electronic variation expenses AUD $649.95.

“While this price increase is a necessity given the current global economic environment and its impact on SIE’s business, our top priority continues to be improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what’s still to come,” PlayStation CEO Jim Ryan stated at the time.

Here are our choices of the best Xbox Game Pass games (opens up in brand-new tab)

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Source: gamesradar.com

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