Microsoft currently has “no plans” to raise the price of the Xbox console

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Microsoft said today that it has no current plans to raise the price of Xbox consoles, following a report that sony plans to raise the price of PlayStations in a few key markets.

A company spokesperson issued a statement to Windows Central following the sony news, confirming that the two Xbox Series X and Xbox Series S will remain at their respective recommended retail prices of $499 and $299.

The statement to Windows Central was provided following news published by Sony in an early morning article on the PlayStation Blog today. In the message, Sony announced that the recommended retail price of the PlayStation 5 would increase in virtually all major regions, with the exception of US PS5s in Europe, the UK, Japan, China, Australia, Mexico and Canada all saw price increases.

Sony cited numerous economic issues as the reason for the PS5’s price hike: “High global inflation rates” and “adverse currency trends” which have put a ton of pressure on various industries, including technology and gaming. material. Both editions of the PS5 (the digital edition and the version with Blu-ray disc player) have suffered price increases. The PlayStation the blog post has, at the time of writing, received three times more comments than liked posts, indicating a far less than positive community reaction to the news.

In addition to the decision to keep its consoles at the same price, Xbox and Microsoft continue to make strides in attracting consumers by adding to its growing Game Pass catalog.

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