Xbox has confirmed a significant price hike for its Series X|S consoles, effective August 1, 2026, while also announcing the discontinuation of its 2TB Series X model. This marks the latest adjustment amidst ongoing challenges in the consumer electronics sector.
According to an official statement from Xbox Wire, the new pricing structure surpasses previous increases, including the notable rise in October 2025 which saw prices climb by up to $70. The updated retail prices will be as follows:
- Xbox Series X – 1TB with disc drive will now retail at $800, up from $650.
- Xbox Series X – 1TB all digital is set at $750, increased from $600.
- Xbox Series S – 1TB will cost $600, previously $450.
- Xbox Series S – 512GB will be priced at $500, up from $400.
Alongside these changes, Xbox has decided to discontinue the 2TB Xbox Series X model, removing the largest storage option from its lineup. To help ease the financial impact on consumers, the company will introduce new purchasing options, including “Buy Now, Pay Later” plans and interest-free financing.
Component Shortages Continue to Drive Up Costs
The price adjustments come amid a persistent component shortage affecting the broader electronics industry, with Xbox highlighting the strain on storage and memory prices. The company revealed that costs for these essential components have surged by more than 2.5 times over recent years, with expectations that they could double again by the fall of 2027.
Xbox emphasized that while the entire consumer electronics market faces supply chain difficulties, the impact has been especially acute for gaming consoles. This ongoing crisis has forced manufacturers to reassess pricing and availability in order to maintain production and meet consumer demand.