Phil Spencer confirms Xbox prices will stay the same as "users are in the worst economic times"
Phil Spencer has been a major force for Xbox's rise within the current generation of consoles, further increasing the rivalry with PlayStation. On that note, Xbox has decided to follow a different strategy regarding price hikes of its products.
Speaking with CNBC, Phil Spencer took some interesting questions and responded to them. One was about the potential for a price hike, which is a major question that the console community wants answered. PlayStation recently announced an increase in the price of its current-gen consoles in several markets. Obviously, this sparked speculation about whether Microsoft's gaming division would follow a similar pattern.
Many potential buyers will be relieved to learn that there will be no price hikes for Xbox consoles. Phil explained the rationale behind this decision after officially confirming that Xbox console costs would remain unchanged. He further discussed the brand's plans and ambitions for the future.
The question about the possibility for a price list arrived much later, essentially in the final part of the interview. However, Phil Spencer made it clear that there won't be a hike in the prices of Xbox consoles. The main reason seems to be the vulnerable economy, and Phil feels that a price rise will create problems for many.
Phil Spencer also emphasized the need to invest more for growth to continue. He cited the examples of Sony and Tencent and how the two have invested continuously in new areas. He added that the work required of him continues as they have unique partnerships with Kojima Productions, for example.
Interestingly, there was also a question about whether Xbox could buy Discord. However, Phil refuted the takeover claim and claimed that the partnership with Discord was
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