In the first half of June, Windows Central's Jez Corden reported that, according to his sources, Xbox was losing "hundreds of dollars" on each Series S and X console sold due to massive +700% increases in component costs for memory and storage. Roughly two weeks later, Microsoft announced a $100 price increase for the Xbox Series S and $150 for the Xbox Series X, again due to rising RAM and storage prices. However, according to Corden, even after the announced price hike (which takes effect on Saturday, August 1), Xbox will continue to lose money per console sold to consumers. The […]
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