PlayStation 5 price hike slammed by Xbox bosses
It is terrifying to think about what it’s like in Xbox as well as Microsoft HQ right now. In case you haven’t noticed an archive of sensitive documents Microsoft has used in its fight with Microsoft and the Federal Trade Commission (FTC) was leaked on the internet.
Perhaps this is the most important leak that we’ve witnessed on the market since the Grand Theft Auto VI footage from the development stage. All of us now know numerous Microsoft/Xbox secrets, including future console plans and games coming out. It is known that the revamped Series X console is set to be launched in the coming year as well as a cloud-hybrid console for the next generation is set in 2028. Bethesda has been developing on the development of a Fallout 3 Remaster as well as it’s found out that Microsoft has tried to acquire Nintendo. In all, it’s been a chaotic start to the day. In the meantime, an internal Xbox message has several employees criticize on the PlayStation 5’s previous price increase.
According to as reported via The Verge, one leaked document reveals an email written to Xbox CFO Tim Stuart to Xbox head Phil Spencer and Microsoft CFO Amy Hood following Sony’s announcement of the PS5 price hike in early 2022. Microsoft reported that they “anticipated the price increase” and said they were “moving swiftly towards a solution once we’ve confirmed”.
To give you a sense of context, Sony raised the price of the PS5 by 10 percent within Europe, 12.5% in Japan in Japan, and by 6.6% for the UK. The email chain included the former director of consumer sales as well as marketing Ami Silverman said, “All good points, lets be in a gamer’s world since we’ve never been able to get out of the shadows … We’re aware this is our opportunity to make fans happy instead of becoming a follower.”
From what I hear, Microsoft believed that the PlayStation 5’s price hike would alienate gamers, and that they wouldn’t follow suit, especially since Xbox revenues were lower than those of PlayStation. Microsoft recognized an opportunity to win fans over. At the end of the day, the Series X did receive a price increase, but it was not for a whole year, which is why you can call their criticisms as untrue.
