Technology giant Microsoft has announced that the company will be increasing the pricing of its latest gaming console Xbox Series X as well as its gaming subscription service Xbox Game Pass.
The Xbox Series X will increase its pricing by $50, from $499 to $549, but the Xbox Series S pricing remains the same in all markets. The company has recently introduced a new black model of Xbox Series S with 1TB storage for $349.
Along with the increase in pricing for the new generation of gaming consoles from Microsoft, the Redmond-based tech company is also increasing the price of the Xbox Game Pass from $10 per month to $12 per month for the standard plan while the price of the Ultimate plan will rise from $15 per month to $18 per month.
Commenting about this, the company has said that the price increase is a necessary step to continue investment in the “best gaming experiences.” Further, it adds that the company would be offering several ways for customers to save money on Xbox Game Pass, including a yearly subscription option and a family plan.
The price change will go into effect from 6th July for new customers, but those who are already monthly subscribers won’t be impacted by the change until 13th August. Those who are on the yearly subscription of Xbox Game Pass will continue to use the service without any impact until they renew the subscription.
This development isn’t surprising given that the company was expected to increase pricing for the Xbox lineup as Sony did the same with its PlayStation 5 last year.
RELATED:
- Microsoft Bing Chat Introduces iOS Widgets, Advanced Voice Chat Functionality in New Update
- Surface Duo and Duo 2 Update Causes Device to Reboot Randomly, Microsoft Says It’s Investigating
- Microsoft has no Plans to Enter the AR/VR Gaming Space Yet
- Microsoft won’t be developing any new games for the Xbox One console
- Starfield Themed Limited Edition Xbox Controller And Wireless Headset Announced
