Microsoft Hikes Prices for Xbox Consoles, Games - Barron's
1. Microsoft raises Xbox console prices by $100 amid rising development costs. 2. Xbox Series X now costs $599.99; first-party games increase to $79.99. 3. Rising costs are attributed to market conditions and increased development expenses. 4. Price hikes may influence holiday sales amidst competition with Nintendo Switch 2. 5. Tariffs on imports from Asia continue to impact gaming console pricing.