Xbox boss Phil Spencer has reiterated that Microsoft has no plans to raise the price of its consoles – after Sony stunned fans last month by hiking the price of PlayStation 5.
Speaking overnight to CNBC, Spencer noted the current economic issues many were facing, and said Xbox didn’t think it “was the right move for us at this point” to follow suit.
“In a time when our customers are more economically challenged and uncertain than ever, we don’t think it’s the right move for us at this point to be raising prices on our consoles,” Spencer said.
Would Spencer rule out ever increasing the Xbox Series X/S prices? No, he couldn’t – but from his comments today, it sounds unlikely.
The Xbox boss noted how “value is incredibly important” and that the company was seeing success with its lower-priced £250 Xbox Series S console – which accounted for more than half of Series X/S sales.
“Y’know, we’re always evaluating our business going forward so I don’t think we can ever say on anything that we will do something,” Spencer explained. “But when we look at our consoles today… we think value is incredibly important.