Microsoft lifts price of Xbox consoles due to soaring component costs - CNBC

Microsoft said it will raise Xbox console prices starting Aug. 1, attributing the increases to rising component costs, in a move that followed Apple’s announcement about Mac and iPad price hikes. The timing underscores an industry trend of hardware makers passing higher memory and component costs onto buyers. Retail deal roundups highlight that shoppers can still find significant discounts on some Macs before Apple’s increases begin, offering temporary relief for consumers facing broader device price inflation.