HomeTechnologyXbox's turn to consider raising the price of its consoles and games

Xbox’s turn to consider raising the price of its consoles and games

During a conference, Phil Spencer, the head of Microsoft Gaming, said that Xbox could consider an increase in the price of its consoles, its games or its Xbox Game Pass.

PlayStation may soon not be the only one raising the price of its flagship console. At Microsoft, we’re thinking about it too.

during the conference live technology organized by the Wall Street JournalPhil Spencer returned to the success of the xbox game pass which already accounts for almost 15% of revenue from content and services. But the CEO of Microsoft Gaming doesn’t expect the subscription gaming service to exceed that threshold by much.

As of January 2022, Xbox Game Pass had announced 25 million subscribers. With the expansion of the PC Game Pass offer and the deployment of Xbox Cloud Gaming to play remotely via Wi-Fi or 5G, especially on smartphones, Microsoft is undoubtedly approaching 30 million users.

Xbox Game Pass is no longer enough

For Phil Spencer, Xbox has possibly reached the ceiling of potential subscribers on the console, given the number of Xbox One and Xbox Series in circulation, and the players interested in subscribing. Therefore, it will be necessary to seek additional income elsewhere. And that could happen through price increases.

The video game kingpin at Microsoft acknowledges half a word that he could follow in Sony’s footsteps. The Japanese manufacturer has decided to increase the price of its PlayStation 5 by 50 euros in summer in certain countries due to inflation and has revealed a quite expensive PlayStation Plus offer at its highest levels. Xbox games sold individually could also be affected by an increase.

However, that is unlikely to happen by the end of the year, as Phil Spencer said it was “important to maintain current prices” in view of the holiday season. But in 2023…

Author: By Melinda Davan-Soulas
Source: BFM TV

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