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Windows Central
Windows Central
Technology
Brendan Lowry

Microsoft and Xbox announce another console price hike, and this one is steep — things may get even worse in 2027, all thanks to AI and memory shortages

Xbox Series X surrounded by cash money.

If you've had your sights set on a new Xbox console, I strongly recommend you get one as soon as possible, because in just over a month, they're about to get much, much pricier.

On Thursday afternoon this week, Microsoft announced that its Xbox Series X|S consoles are getting a price hike come August 1, and this one is steep. Specifically, the cost of all 512GB models of these systems is climbing by $100, while 1TB units are skyrocketing an eye-watering $150. Microsoft is also sunsetting its 2TB Xbox Series X entirely.

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