Uploaded June 2026 | Updated September 2026, 2 weeks ago
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Xbox Series X|S just got hit with another price increase, effective August 1st
Xbox Series S 512GB - $500
Xbox Series X 1TB - $750
Xbox Series X 1TB + Disk Drive - $800
"Effective August 1, 2026, the price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will be updating prices worldwide. We will also be sunsetting our 2 TB model." XBOX is increasing the price of the XBOX Series X|S consoles starting in August
Xbox Series S 512GB: $399 -- $499
Xbox Series S 1TB: $449 -- $599
Xbox Series X 1TB: $649 -- $800
Xbox Series X 1TB Digital: $599 -- $750
Safe to say if you need a PS5/Xbox for GTA 6, buy now rather than later. It’s going to get worse. Effective August 1, 2026, we will be updating prices worldwide. The price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will also be sunsetting our 2 TB model.
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.
Follow me on social media:
Instagram: instagram.com/dreamcastguy
Patreon: patreon.com/DreamcastGuy
Twitch: twitch.tv/thedreamcastguy
Xbox Series X|S just got hit with another price increase, effective August 1st
Xbox Series S 512GB - $500
Xbox Series X 1TB - $750
Xbox Series X 1TB + Disk Drive - $800
"Effective August 1, 2026, the price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will be updating prices worldwide. We will also be sunsetting our 2 TB model." XBOX is increasing the price of the XBOX Series X|S consoles starting in August
Xbox Series S 512GB: $399 -- $499
Xbox Series S 1TB: $449 -- $599
Xbox Series X 1TB: $649 -- $800
Xbox Series X 1TB Digital: $599 -- $750
Safe to say if you need a PS5/Xbox for GTA 6, buy now rather than later. It’s going to get worse. Effective August 1, 2026, we will be updating prices worldwide. The price of XBOX consoles will increase by US$100 for 512 GB models and US$150 for 1 TB models. We will also be sunsetting our 2 TB model.
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.


![XBOX SHUTS DOWN STUDIOS!! Blade Game is DEAD!!
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Ive been told of at least two Xbox studios that are at risk of being closed by the end of the year. One of which would come as a shock to everyone.
Mike Straw Of Insider Gaming: two Studios at Xbox risk of closing, one will shock everybody
He posted this on Bluesky not long ago Ive been told of at least two Xbox studios that are at risk of being closed by the end of the year. One of which would come as a shock to everyone.
Update post claiming its not Obsidian or Rare: It wasnt Obsidian or Rare, for those whove asked. Im working on trying to get more details on what employees are feeling at the moment. But the picture could become clearer in the coming weeks, depending on what decisions get finalized.
But everything is on the table at Xbox Fine: Two of the studios Ive been told, including getting messages from employees at the locations who are scared, are Compulsion and Arkane.
Despite public messaging, many within the studios have expressed real worry and have overheard conversations about the future of the studios. Some employees who spoke to me are higher up within the studios, and have said there is real concern that theyre next based on the messaging from the company. Xbox reportedly plans to shut down Compulsion Games, developer of South of Midnight
[via Kotaku] Craig Duncan (Head of Xbox Game Studios) and Louise O’Connor (Chief of staff) to step down.
His studios will report to Xbox Chief Content Officer Matt Booty until a replacement is found. XBOX SHUTS DOWN STUDIOS!! Blade Game is DEAD!!](https://i.ytimg.com/vi/S0mDH4X8Nc4/mqdefault.jpg)







