Xbox prices spike another $100 or more
Microsoft is raising the prices of its Xbox consoles by $100 to $150 starting August 1st, citing a global surge in the cost of memory and storage components. The company also announced it will discontinue the 2TB version of the Xbox Series X.
Why it matters
The price hike highlights the ongoing impact of global supply chain constraints and component shortages on the consumer electronics industry.
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The article provides a straightforward report on corporate pricing changes and the stated justification from the manufacturer.
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