Mere days after reports of mass layoffs at Microsoft-owned game development studios, things have gone from bad to worse for Xbox. In a few weeks, the company's...

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

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

Xbox blames the memory shortage for the price hike.