XBOX Announces Console Price Hikes, Warns of Potential 2027 Increases Due to Component Costs
By
Sam Sepiol
Summary
XBOX has announced a price increase for its consoles effective August 1, with 512GB models rising by $100 and 1TB models by $150. The company cites rising component costs and further warns that storage and memory component costs could double by Fall 2027, potentially leading to additional price hikes.
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Key quotes
· 3 pulledXBOX has just announced a price increase for its consoles, and expects the storage and memory component costs to double in Fall 2027.
Starting August 1, the price of 512GB models will increase by $100, and the price of 1TB models will increase by $150.
The price increase comes as part of rising component costs, and those prices could rise again in 2027.
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