Microsoft Is Raising Price of New Xbox Games to $70

    Microsoft is raising the price of new Xbox games to $70 from $60, following other big gaming rivals from Ubisoft Entertainment SA to Sony Group Corp. and Take-Two Interactive Software Inc.

    By: BLOOMBERG
    | Updated on: Dec 07 2022, 00:50 IST
    Xbox Series X: In pics
    Xbox Series X is priced at  <span class='webrupee'>₹</span>49,990 and is already available in India.
    1/8 Xbox Series X is priced at 49,990 and is already available in India. (Robin Sinha/HT Tech)
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    2/8 Xbox competes with Sony Corp's PlayStation 5 and features some powerful set of specs. (Robin Sinha/HT Tech)
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    3/8 Xbox Series X features an octa-core custom AMD Zen 2 CPU (7nm process) clocked at 3.8GHz along with a custom RDNA 2 GPU in addition to 12 TFLOPS and 52 CUs (Compute Units). (Robin Sinha/HT Tech)
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    4/8 The Series X will bring you 1TB custom NVME SSD drive along with the support for 1TB expansion card. It also supports USB 3.2 External HDD storage. (Robin Sinha/HT Tech)
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    5/8 You also get 16GB GDDR6 RAM a memory bandwidth of 10GB at 560 GB/s and 6GB at 336 GB/s. (Robin Sinha/HT Tech)
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    6/8 The console has HDMI ports, Ethernet port and 3 x USB 3.1 Gen 1ports. (Robin Sinha/HT Tech)
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    7/8 The controller comes in three colours from Microsoft - Black, White and Blue. (Robin Sinha/HT Tech)
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    8/8 New Xbox Wireless Controller has a finer design and is priced at 5,890. (Robin Sinha/HT Tech)
    Xbox
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    Microsoft will be hiking the prices of Xbox games from $60 to $70 starting 2023. (REUTERS)

    Microsoft Corp. is raising the price of new Xbox games to $70 from $60 starting in 2023, following other big gaming rivals from Ubisoft Entertainment SA to Sony Group Corp. and Take-Two Interactive Software Inc.

    The $10 bump, which was earlier reported by IGN, will affect next-generation games including Starfield, Redfall and Forza Motorsport, the company said in a statement. “This price reflects the content, scale, and technical complexity of these titles,” a spokesperson said. The games will be available as part of Microsoft's subscription service, Game Pass, for $9.99 a month on Windows and Xbox consoles.

    Many top games remained at a $60 price point for nearly two decades. In 2020, when Sony and Microsoft released their latest consoles, executives debated increasing the price in line with factors including the ballooning cost to develop games and inflation.

    Microsoft said the company was holding off on the increase until after the holidays, “so families can enjoy the gift of gaming.”

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    First Published Date: 07 Dec, 00:49 IST
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