October 1, 2022

Microsoft has informed VGC that the retail value of its Xbox console within the UK will stay the identical after the announcement of the PS5 value improve.

Following the information that the PlayStation 5 will see a 12.5% ​​value improve in lots of international locations, VGC contacted Microsoft to see if the corporate would observe swimsuit.

“We’re continuously evaluating our enterprise to supply our followers an important gaming expertise,” a spokesperson mentioned. “The MSRP for Xbox Sequence S stays at £249.99 and for Xbox Sequence X from £449.99.”

That is the primary time the corporate has spoken concerning the matter since Bloomberg declined to remark earlier this yr when the publication requested console makers in the event that they deliberate to lift costs for his or her consoles.

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This comes after Sony introduced that the costs of the usual PS5 and PS5 Digital Version shall be elevated in Europe, Australia, and components of Asia and North America.

Nevertheless, there shall be no improve in costs within the US.

Sony says the worth improve is because of the excessive charge of worldwide inflation.

Responding to at the moment’s information, Piers Harding-Rolls, Ampere’s director of gaming analysis, predicted that pent-up demand for Sony’s console means PS5 value hikes are more likely to have “minimal affect on gross sales.”

Final month, throughout its first-quarter earnings announcement, Sony declined to reply the query of whether or not it will elevate the worth of the PS5 within the face of comparable market stress.

“Regarding the potential value improve for the PS5, I can’t share something particular with you about pricing for the time being,” EVP and CFO Hiroki Totoki mentioned on the time.

Earlier this month, Nintendo mentioned it had no plans to lift costs for the Swap in Japan at the moment, regardless of the weak yen forcing different tech firms like Apple to take action.

The corporate informed Bloomberg that it has no plans to lift the worth of its {hardware}, whereas Microsoft declined to remark.