Xbox has found yet another way to raise prices

Microsoft, the parent company of Xbox, has announced a price increase for its game development kits, which are essential tools used by game studios to create games for the Xbox platform. This move is the latest in a series of price hikes implemented by the tech giant, following the recent increase in the cost of Xbox Series X|S consoles in several regions. The price of the Xbox development kits, which are necessary for game developers to test and optimize their games for the Xbox ecosystem, has been raised by an undisclosed amount. This decision has drawn criticism from the gaming community, as it could potentially lead to higher development costs for independent and smaller game studios, potentially impacting the overall diversity and accessibility of the Xbox game library. While Microsoft has not provided a clear explanation for the price increase, it is speculated that the move is part of the company's broader strategy to offset the economic challenges faced by the tech industry, including supply chain issues and inflationary pressures.