// THE VERGE — HARDWARE & GADGET
Xbox prices spike another $100 or more
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The discless Xbox Series X will start at $749.99, while the version with a disc drive will cost $799.99.
The discless Xbox Series X will start at $749.99, while the version with a disc drive will cost $799.99.
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Microsoft is increasing the prices of Xbox consoles again. Starting August 1st, 512GB models will be $100 more expensive, while 1TB models will be $150 more expensive. This means that the Xbox Series S will start at $499.99, the Xbox Series X without a disc drive will start at $749.99, and the Series X with a disc drive will start at $799.99. Microsoft also says it will be “sunsetting” its 2TB Xbox Series X.
Microsoft last raised prices in October by $20 to $70 and says it had hoped to avoid further hikes. “Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027,” Microsoft says in a blog post. “The entire consumer electronics industry is struggling with the current components crisis, but the effects are particularly hard on consoles. Unlike phones, computers, speakers, and other consumer devices, consoles are typically not sold at a profit, but instead for less than they cost to make.”
The company is also introducing new programs to try to make new Xboxes more affordable. That includes a buy now, pay later option and an interest-free financing option on Amazon. It also plans to work with retail partners to make “new programs to provide previously played consoles at lower prices.”