Featured Image Credit: Billy Freeman via Unsplash, Luci via Pexels
Phil Spencer, Xbox's head honcho, has said that there is no intention to hike the price of the company's consoles currently because it would place significant economic strain on their intended customers. That's nice, isn't it?
Both November and December are looking stacked for shiny Xbox releases, including Skull & Bones, Goat Simulator 3, The Devil In Me, Marvel's Midnight Suns, The Callisto Protocol and High On Life. The cost of games is continuing to scale according to the value of the new generation of consoles, and so, the choice of which one to buy in the midst of an already hefty holiday season is likely to weigh heavy on the minds of families.
Check out the trailer for Planet Of Lana, a pretty puzzle-platformer coming to Xbox Game Pass early next year!
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Speaking to CNBC, Spencer was asked about what he thought of the recent price change of the PlayStation 5 and whether or not Microsoft is looking to mimic that price increase with its own products.
$MSFT's @XboxP3 talks #Tencent, #JRPG's, and @discord - and explains why it's not time to follow $SONY's hike in prices. #Xbox #PlayStation pic.twitter.com/BCIY0wE8Gt
— Squawk Asia (@asiasquawkbox) September 16, 2022
"We're always evaluating our business going forward. So I don't think we can ever say on anything that we will never do something. But when we look at our consoles today, and you talked about it - Series X and Series S, we think value is incredibly important," answered Spencer. "We love the position of Series S in the market, which is our lower cost console. Over half of our new players that we're finding are coming in through Series S."
"And I can definitely say we have no plans today to raise price of our consoles. We think 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 console," concluded Spencer. That's one less thing to worry about.
