Microsoft and Nintendo score brownie points after PlayStation 5 price hike

Redmond, Washington - Following Sony's unprecedented move to raise the price of the PlayStation 5, Microsoft and Nintendo let gamers know that they have no plans to follow their lead.

After Sony announced it was raising the price of the PlayStation 5 on Thursday, Microsoft and Nintendo have said they have no plans to do the same.
After Sony announced it was raising the price of the PlayStation 5 on Thursday, Microsoft and Nintendo have said they have no plans to do the same.  © Collage: KEVORK DJANSEZIAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP & TIMOTHY A. CLARY / AFP

Sony dropped a bomb on Thursday, saying it plans to raise the price of the PS5 in some markets – after it's already been launched – due to "high global inflation rates" and "adverse currency trends."

Gamers began speculating whether other next gen consoles would follow in their footsteps, and Microsoft and Nintendo stepped up to quell those fears – sort of.

"We are constantly evaluating our business to offer our fans great gaming options," Microsoft told Kotaku. "Our Xbox Series S suggested retail price remains at $299 and the Xbox Series X is $499."

Kylie Jenner goes big for Christmas and shows off rare snaps of her baby boy
Kylie Jenner Kylie Jenner goes big for Christmas and shows off rare snaps of her baby boy

While it's not a promise that a price hike from Sony's competitors will never happen, it does assure fans that the prices won't change anytime soon.

Similarly, Nintendo sent a statement to Eurogamer, stating it had "no plans to increase the trade price of its hardware."

It also included a quote from the company's president, Shuntaro Furukawa, which reinforced the same sentiment.

Again, it's not a solid vow, but enough to score them some major brownie points in the console war.

As inflation continues to rise with no end in sight, Microsoft and Nintendo seem to have their consumers in mind, which speaks volumes about their values.

Cover photo: Collage: KEVORK DJANSEZIAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP & TIMOTHY A. CLARY / AFP

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