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Microsoft and Nintendo have no plans to increase price of Xbox or Switch consoles

This week, Sony announced plans to raise the MSRP of the PlayStation 5 in most regions outside of the US, blaming inflation and the ‘global economic situation'. While the PS5 is about to get more expensive, Microsoft and Nintendo have both confirmed that there are no plans to raise the price of the Xbox or Nintendo Switch consoles. 

Immediately following Sony's announcement yesterday, Windows Central contacted Microsoft to see if they were planning a similar move. The spokesperson responded, saying that while the company is “constantly evaluating” its business, it currently has no plans to raise its console prices. The Xbox Series S will remain on sale at its suggested price of $299/£249.99 and the Xbox Series X will continue to sell for $499/£449.99.

In addition to Microsoft's statement, Nintendo also issued a statement (via VGC), which states that the company does not have plans to change the price: “While we cannot comment on pricing strategies, we currently do not have any plans to change the price of our hardware due to inflation or increased procurement costs in each country. We will determine our future pricing strategies through careful and continued deliberations.”

Unfortunately, this is a pretty bad look for Sony. While Microsoft does have the money to potentially eat losses for a longer period of time, but Nintendo isn't in that same position and still hasn't considered or resorted to making the consumer pay more.

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KitGuru Says: Even with an extra £30 slapped onto the price tag, I still think the PS5 is worth picking up, but that doesn't necessarily improve the optics of this move, especially when the two closest competing companies in the console hardware space are standing firm on their current price tags. 

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