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Xbox consoles and services could become more expensive in the future

Earlier this year we saw Sony increase the price of its PlayStation 5 console in many markets, with inflating raw material costs said to be part of the reason why. In the past, Microsoft has claimed that it plans to keep its prices frozen at the current rate – though this may change in the not-too-distant future.

During The Wall Street Journal’s live tech conference event, Xbox head Phil Spencer discussed the future of brand and the cost of entry into the ecosystem, with Spencer claiming that (as transcribed by The Verge’s Tom Warren):

“I do think at some point we'll have to raise the prices on certain things, but going into this holiday we thought it was important to maintain the prices.”

Spencer continued, “We've held price on our console, we've held price on games… and our subscription. I don't think we'll be able to do that forever. I do think at some point we'll have to raise some prices on certain things.”

As mentioned, back in August Sony announced that it would be increasing the price of the PS5 in a majority of the markets, with the console going from £449.99 to £479.99 in the UK. While an increase in Xbox prices would not be ideal, its effects would be rather muted when compared to a potential increase in Game Pass prices. Hopefully the console manufacturer opts to keep its prices the same for as long as possible.

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