Microsoft Raises Xbox Series X and S Prices by Up to $150, Discontinues 2TB Model
By
Wesley Yin-Poole
Summary
Microsoft has announced significant price increases for Xbox Series X and S consoles, effective August 1, 2026, citing an ongoing components crisis. Prices will rise by $100 for 512GB models and $150 for 1TB models, while the 2TB model will be discontinued entirely. The company had previously raised prices in October 2025 by $20-$70 in the U.S. and had hoped to avoid further increases, but rising storage and memory component costs have forced this decision.
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Key quotes
· 3 pulledLast October, we increased Xbox console price by $20-$70 in the U.S.
We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options.
Unfortunately, console storage and memory prices have incre
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