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Xbox Prices Surge As Microsoft Cites 'Rising Cost Of Development' Amid Trump Tariffs

Summary

Microsoft announced Thursday it will raise Xbox console prices globally, with U.S. models increasing by up to 27% as the gaming industry grapples with new tariff pressures. The move follows similar price hikes from Sony Corp. (NYSE: SONY) and production delays from Nintendo Co. (OTC: NTDOY).

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Article published on May 2, 2025 by benzinga