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Microsoft’s CEO Phil Spencer Backs “Huge” Xbox Series S Price Hike in Brazil

NewsTech

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Xbox Brazil Series S Phil Spencer

Microsoft Gaming CEO Phil Spencer has backed the company's decision to Xbox price hike in Brazil, claiming that it was necessary to uphold business in the region. In an interview with the Brazilian media outlet FlowGames, Phil Spencer discloses that the company "forcefully" retained its pricing of Xbox products for three consistent years, resulting in minimized profits, which hurt the business in terms of being "sustainable". For those unaware, Microsoft has recently implemented a whopping 35% price hike in Brazil for the Xbox Series S from R$2649 to R$3599. This is somehow higher than Sony's PlayStation 5, unlike in most […]

Read full article at https://wccftech.com/microsofts-ceo-phil-spencer-backs-huge-xbox-series-s-price-hike-in-brazil/

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