Microsoft Hikes Xbox Series X and S Prices Globally

Microsoft has increased global prices for its Xbox consoles, citing rising costs for memory and storage chips, with the Series X now retailing for £670.

The baseline Xbox Series S console price has risen by approximately 43% to £430, while US prices for basic models increased by $100 to $499.

The company recently initiated a major restructure involving 3,200 job cuts in July, following a dip in revenues across its gaming division.