Xbox Game Pass Price Hike: Microsoft's Phil Spencer Reveals 'Inevitable' Increase
Portfolio Pulse from Franca Quarneti
Phil Spencer, the head of Microsoft Corporation's Xbox, has stated that a price hike for Xbox Game Pass is 'inevitable.' This follows a recent price increase for the service, justified as being in line with inflation and economic factors. The current pricing for Game Pass ranges from $9.99 to $16.99 per month, depending on the platform and package.
September 25, 2023 | 5:26 pm
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Microsoft's Xbox Game Pass is expected to see a price increase, which could potentially lead to increased revenues for the company. However, the impact on the stock price will depend on how consumers react to the price hike.
The price increase for Xbox Game Pass could potentially increase Microsoft's revenues, which could have a positive impact on the company's stock price. However, if the price increase leads to a significant number of subscribers cancelling their subscriptions, this could negatively impact the company's revenues and stock price. Therefore, the short-term impact on Microsoft's stock price is uncertain at this point.
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