Xbox Hikes X and S Consoles Price by More Than $100, Discontinues 2 TB Model due to rising memory prices

https://variety.com/2026/gaming/news/xbox-price-hike-x-s-consoles-discontinue-2-tb-model-1236790767/

> The now-discontinued 2 TB model was the highest priced current gen Xbox console. The blog continues: “Last October, we increased XBOX console price by $20-$70 in the U.S. We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options. Unfortunately, console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027. The entire consumer electronics industry is struggling with the current components crisis, but the effects are particularly hard on consoles. Unlike phones, computers, speakers, and other consumer devices, consoles are typically not sold at a profit, but instead for less than they cost to make.”

> In the post, Xbox went on to cite multiple “programs to make XBOX consoles more accessible,” including buy now, pay later plans, interest free financing, previously owned consoles and certified refurbished models.