Microsoft raises prices of Xbox video game consoles due to 'market conditions'
Publishing timestamp: 2025-05-01 16:18:36
Summary
Microsoft is increasing prices for Xbox consoles, controllers, and games due to "market conditions" and rising development costs. Nintendo and Sony have also announced price increases. Popular video games are becoming more expensive to produce, with Microsoft particularly concerned following its acquisition of Activision Blizzard.
Sentiment: MIXED
Tickers: MSFT,
Keywords: technology, microsoft corp, business, enterprise, breaking news: technology, business news,