Xbox head reiterates that console prices will not change

The CEO of Microsoft Gaming confirms the company’s console prices will remain the same for the foreseeable future.

The head of Xbox, Phil Spencer, has revealed that Xbox console prices won’t be changing anytime soon. Spencer, who serves as the CEO of Microsoft Gaming, made this revelation during a recent interview with Squawk Asia where he also discussed Tencent, Japanese role playing games (JRPGs), and discord.

If it sticks, the lower price point of the Xbox Series S/X could endear more gamers to buy Starfield next year.

In August, Sony announced it would be increasing the price of the PlayStation 5 console in select markets. This move, the company said, had become necessary in light of the still-ongoing hardware changes and supply chain issues generated by the COVID-19 pandemic. However, Xbox and Nintendo wanted no part of it.

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Spencer has now reiterated this decision, which is bound to make fans who are yet to get the company's latest generation consoles happy.

Here's what Spencer said about increasing the price of the Xbox Series S/X:

We love the position of the 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. I can definitely say we have no plans today to raise the price of our consoles.

We think that in a time where 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 consoles.

Say what you will about the "lack" of Xbox exclusives, but the next few years are going to be huge for the platform.

However, while Spencer confirmed that Microsoft isn’t raising Xbox prices anytime soon, he could not ascertain that such a move won’t occur in the future. In his words, "We're always evaluating our business going forward. I don't think we can ever say on anything that we'll never do something, but when we look at our consoles today, we think value is incredibly important. "

In other news, Xbox recently released some new features, which will help avid gamers have a better experience. One of these features is noise suppression – this feature will eliminate unwanted noise from your background unless you are fine with it.

Tobi Oguntola

Tobi is an avid reader with interest in everything entertainment. He also loves the big screen as it fuels his overactive imagination. When he is not reading a fantasy, sci-fi, or thriller novel, he is listening to music, watching TV, or surfing the internet.
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