SAN FRANCISCO, June 26 — Microsoft said Thursday it will raise the price of its Xbox video game consoles worldwide by US$100 (RM409) to US$150 starting August 1, blaming a...

Just hours after Apple increased its hardware prices across the board, Microsoft is doing the same with its Xbox consoles. For the third time.

The increase is the latest price hike after Xbox consoles prices rose $20 to $70 last year.

Xbox blames the memory shortage for the price hike.

Groups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memory chips could lead to dramatic price…