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Xbox Prices Surge As Microsoft Cites 'Rising Cost Of Development' Amid Trump Tariffs

Benzinga LogoBenzinga20h ago

Xbox Prices Surge As Microsoft Cites 'Rising Cost Of Development' Amid Trump Tariffs - Benzinga

Quick Summary:

Microsoft Corp (NASDAQ:MSFT) announced on Thursday it will raise Xbox console prices globally, with U.S.models increasing by up to 27% as the gaming industry grapples with new tariff pressures.

What Happened: The tech giant’s entry-level Xbox Series S will jump from $299.99 to $379.99 in the U.S., while the premium Series X Galaxy Black model will now retail for $729.99, up from $599.99 – representing increases of 27% and 22% respectively.

The move follows similar price hikes from Sony Corp.(NYSE:SONY) and production delays from Nintendo Co.(OTC:NTDOY).

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Xbox Prices Surge As Microsoft Cites 'Rising Cost Of Development' Amid Trump Tariffs - Benzinga (Picture 1)

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Article Details

Author / Journalist: Tanya Rawat

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 08:22:33 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28318349

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 28 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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