Technology

Xbox prices jump again as storage costs surge

Xbox prices – Microsoft says Xbox console prices will rise starting August 1, with 512GB models up $100 and 1TB models up $150. The Xbox Series S will begin at $499.99, the Series X (no disc drive) at $749.99, and the Series X (with disc drive) at $799.99, while the 2TB Ser

For Xbox buyers staring at price tags already pushed higher in recent years, August 1 brings another jolt. Microsoft is increasing the prices of Xbox consoles again, and this time the change is tied directly to storage and memory costs.

Starting August 1st, Microsoft says 512GB models will cost $100 more, while 1TB models will rise by $150. The new starting prices Microsoft lists put the Xbox Series S at $499.99. the Xbox Series X without a disc drive at $749.99. and the Xbox Series X with a disc drive at $799.99. Alongside the hikes, Microsoft says it will be “sunsetting” its 2TB Xbox Series X.

The timing lands uncomfortably soon for anyone hoping Microsoft could hold the line after the last increase. Microsoft last raised prices in October by $20 to $70. and in this latest announcement it says it had hoped to avoid further hikes. But it now points to a stark escalation in costs: “console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027. ” Microsoft writes in a blog post. It adds that the wider consumer electronics industry is dealing with a components crisis. though it argues consoles are hit particularly hard because they are “typically not sold at a profit. ” but instead for less than they cost to make.

Microsoft isn’t only changing sticker prices, though. It says it’s introducing new programs to make new Xbox purchases more affordable. including a buy now. pay later option and an interest-free financing option on Amazon. It also plans to work with retail partners to create “new programs to provide previously played consoles at lower prices.”.

The blog post echoes something familiar to anyone in the tech market right now: the components crisis keeps tightening the margins across devices. Microsoft says the industry is struggling, and it points out that the effects are particularly hard on consoles. It also notes that Apple announced price hikes across its product lines earlier today.

The new Xbox pricing changes come after Microsoft’s initial launch pricing: the Xbox Series S started at $299 and the Xbox Series X at $499 when they first launched in November 2020. The gap between those debut prices and the new starting points now reflects how many times the console market has been forced to absorb rising costs.

If the message feels blunt. it is because Microsoft’s own numbers are blunt: it expects storage and memory prices to keep climbing. with “another doubling by the fall of 2027.” For customers. that means the next decision might not be about which console to buy. but which version and which program can make the price just survivable enough—whether that’s through financing. buy now. pay later. or the possibility of paying less for “previously played consoles.”.

Xbox Microsoft Xbox Series S Xbox Series X pricing August 1 512GB 1TB 2TB components crisis storage and memory costs buy now pay later Amazon financing previously played consoles

4 Comments

  1. I don’t get it. My cousin said Microsoft was losing money so why are we paying $150 more for 1TB? Also Series S at $499.99 feels like a slap.

  2. they say they’re “sunsetting” the 2TB thing? so they already got rid of it or it’s gonna disappear overnight? feels shady like they announced a price hike and also remove the only option that made sense.

  3. every time they say “component crisis” it’s just an excuse. like my Samsung storage also costs more but I’m not paying extra for that, ya know? if they can “introduce programs” then just lower the price. and $799.99 for an X with a disc drive is wild, like who even uses discs anymore, they’re forcing you to stream even more.

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