Microsoft is raising the price of its Xbox console by up to $150, according to N12. The company joins Apple in attributing the increase to rising chip prices driven by surging demand amid the AI revolution.
Microsoft is increasing the price of its Xbox console by up to $150, N12 reported Friday morning, citing the company's global pricing update. The move follows a similar price hike by Apple for MacBook and iPad models, as The Zioneer reported on Thursday. Microsoft attributed the increase to rising chip costs, driven by surging demand as part of the AI revolution. The specific models affected and the exact price changes for each variant have not yet been detailed by the company. The Xbox price hike was reported by business journalist Yuval Shadmi on N12.
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