NEWSBy Darryl Lara October 27, 2022Microsoft's Phil Spencer hints at a future price increase.
The price of video games has been steadily on the rise these past few years.
Many developers have stated that the market demand and development cost is behind the price increase.
Microsoft, one of the last major players in the industry that have not increased prices, may also be considering a move to match the pricing of its competitors.
Speaking at WSJ Tech Live, Microsoft’s head of gaming Phil Spencer has hinted that the company will be increasing prices in the future.
"I think at some point we’ll have to raise the prices on certain things. But going into the holiday we thought it was important to maintain the prices," Spencer reveals.
We may get an update from Microsoft after the holiday season on the pricing for their services.
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