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Microsoft significantly increases Xbox prices worldwide and withdraws 2TB model citing "components crisis"

Microsoft is significantly increasing the prices of its Xbox consoles worldwide starting August 2, citing a "components crisis" that has driven up the cost of storage and memory. The 512GB and 1TB models of the Xbox Series S and Xbox Series X will see price hikes of $100 and $150 respectively, while the 2TB model will be discontinued. The company also highlighted programs to make consoles more accessible, such as financing options and refurbished units.

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