Microsoft and Nintendo won’t raise console prices despite PS5 increase

Today Sony announced it in most regions PlayStation 5 price will increase Consequences of Inflation. In response to this news, people are wondering if other console manufacturers will make similar price increases. The answer seems to be no, at least for now. But Nintendo and Microsoft have been cautious, leaving open the possibility of future price increases.

After Sony confirmed the matter, Due to persistent global inflationBoth versions of the PS5 will see price increases in multiple regions –including Canada, Mexico, China and the United KingdomThe next obvious question many asked: Will any other company take the same drastic step? After all, it’s a place where people are constantly yelling at each other about which console is better or worse, and websites are conspiring to explain why they’re writing good or bad news about the console. So obviously if Sony does something, people will have to choose sides and ask questions about Xbox and Nintendo.

my box I’ve reached out to Xbox about the Sony PS5 price hike and if the company has similar plans for an Xbox Series X or S price hike. Microsoft’s response is somewhat subdued, noting that neither company is planning one way or the other.

Here is the full explanation:

We are constantly evaluating our business to provide great gaming opportunities for our fans. The suggested retail price for the Xbox Series S is still $299 and the Xbox Series X is $499 This also applies to other markets and their current prices.

While this confirmed no price changes for now, it leaves open the very real possibility that the tech company may decide to raise the prices of one or both of its Xbox variants as inflation worsens.

Read more: The Xbox boss says exclusives aren’t the future because the company buys exclusives

Meanwhile, at the beginning of this month, the head of Nintendo Shuntaro Furukawa Sagate: Nicky ASEAN He isn’t currently considering a price increase for the Switch, adding that the company doesn’t want to deter people from buying the hugely popular console.

“Our competition is the world’s most diverse entertainment,” Furukawa said. “And we always set prices with our fun value in mind…Nintendo has sold more than 100 million Switch units to date, and it’s important to maintain the momentum of our overall business.”

This statement leaves open the question of pricing for Nintendo to change pricing on the Switch if necessary. However, Nintendo has actually raised the price Switch to the improved OLED model released last year. Thus, Nintendo often increases the price of its consoles without raising traditional prices like Sony.

i amThe two companies will likely be watching how the market, critics and fans react to Sony’s PS5 price hike as they consider how to deal with inflation in the future. And the gaming market is starting to slow down a bit After the staggering numbers you’ve seen during the pandemic, you’d better believe that companies like Nintendo are open to different ways to keep their boats afloat as people begin to have less income to buy video game consoles and games to spend.