Microsoft to raise US Xbox Series X|S prices starting October 3

Microsoft will raise the retail prices of its Xbox Series X and Series S consoles in the United States beginning October 3, the company said, in a second round of increases this year that will push several models well above their launch prices. In a post on its support site, Microsoft outlined new suggested retail prices that raise the Series S and Series X lines by between $20 and $70, depending on the model.

Under the new pricing, the Xbox Series S 512 GB will sell for $399.99, up from $379.99, and the Series S 1 TB will retail for $449.99, up from $429.99. The digital edition of the Series X will cost $599.99, up from $549.99, while the disc-equipped Series X will be $649.99, up from $599.99. The largest increase applies to the Xbox Series X 2 TB Galaxy Black Special Edition, which will jump to $799.99 from $729.99.

Microsoft said the adjustments reflect "changes in the macroeconomic environment." "We understand that these changes are challenging, and they were made with careful consideration," the company wrote, adding that it will continue to focus on "offering more ways to play more games across any screen and providing value for Xbox players." The company also said the...