Microsoft announced that starting August 1, Xbox console prices will jump by $100 for 512GB models and $150 for 1TB versions. The 2TB model will be phased out due to ongoing component shortages affecting the electronics market. To help gamers cope, Microsoft is offering flexible payment plans and highlighting certified refurbished options. With GTA 6 on the horizon, this might be a good time to rethink how gaming companies approach pricing strategies. How do you feel about these price hikes?

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