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TL;DR: Nintendo is warning shoppers September 1 (US $449.99 → $499.99), with smaller increases in Canada and Europe; Nintendo cites rising memory costs, gave 115 days’ notice, and says it will still absorb some costs. Voice: Hassam NasirSpeed 0:00 / 2:25 Use left and right arrow keys to seek audio

Microsoft’s Xbox division sent a jolt through the gaming industry on June 12, 2026, when new Xbox CEO Asha Sharma told employees in an internal memo: “We are in a hardware component crisis.” The admission, first reported by electronics trade outlet Evertiq, explains a problem gamers have felt for months: console prices keep climbing, and…

Buyers knew that another Xbox price increase on consoles was taking effect on August 1st. Still, Microsoft didn’t inform European or Japanese consumers about how high MSRPs would rise. Gamers are experiencing sticker shock as Sony’s PS5 hardware is significantly more affordable.