This week the players who do not yet have a Playstation 5 received bad news, as Sony announced a price increase worldwide except in the US. This has had mixed opinions, but one video game industry analyst believes that Microsoft would be considering reducing the price of the Xbox Series X | S in response.
Sony’s reason for increasing the price of the PS5 is that the global economic environment has become challenging due to high inflation rates, but these situations are also affecting the competition and they have already confirmed that they do not plan to do something similar. . Instead, one analyst suspects that Microsoft is considering a price cut for the Xbox Series X|S.
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Yesterday Nathan Brownformer editor and consultant for Edge, wrote an entry in his column in which he writes about the video game industry giving his opinion on the increase in the price of the PlayStation 5. In his column Brown said that Microsoft has a unique opportunity to take revenge on the famous 2013 video of Sony making fun of Xbox.
Of one thing I am sure, if Phil Spencer and the team of Microsoft executives aren’t spending the day holed up in a meeting room, blinds drawn, assessing the financial impact of a 10% global price cut for the Xbox Series X and Yeah, so they need to have their heads examined.”
When the PlayStation 4 and Xbox One generation was starting, there was an occasion when Sony published a video explaining how to share used games on its console, as Microsoft was taking measures to prevent the sale of second-hand video games on its consoles. Microsoft eventually backed out of its plans, but the video was saved for posterity.
In Nathan Brown’s opinion, Microsoft is facing a unique opportunity to get its revenge, as it could surprise the world by announcing a 10% price reduction for the Xbox Series X|S. Microsoft has previously acknowledged that have lost the “console war” but his current plan is to invest in the Xbox ecosystem, which includes its consoles, PCs, Xbox Game Pass and the cloud.
It is well known that the demand for next-gen consoles remains high and both the Xbox Series X|S and the PS5 leave the shelves as soon as they arrive, so Sony could consider that an increase in the price of the PlayStation 5 does not it would hurt your sales (after all, it’s still cheaper than getting a PS5 from resellers). However, if Microsoft announces a price reduction for the Xbox Series X|S, that could be the deciding factor for gamers to decide to go with one company or another, at least those who think a lot about their portfolio.