The news: Despite its $999.99 price tag, the ROG Xbox Ally X is selling out, showing there’s still strong consumer interest in on-the-go gaming experiences. Preorders for the handheld gaming console sold out Friday, per Xbox.
Price creep: Xbox console prices are inching up at a not-so-subtle rate—with two price bumps this year—undercutting the old adage that waiting to purchase until post-launch leads to lower costs.
Considering value: Rising prices don’t appear to be derailing holiday tech budgets amid softening consumer spending.
The average US consumer plans to spend $931 on tech devices this holiday season, per CNET. While shoppers are still spending, they’re also scrutinizing value more than ever. Consumers’ anxieties, about both the macro economy and individual products, include:
Beyond consoles: The appetite for on-the-go gaming experiences is expanding into new arenas. LG Electronics is integrating Xbox into its in-car infotainment systems, letting passengers play games on the road, per Engadget. Gaming is no longer tied to the living room and is becoming a lifestyle touchpoint.
What this means for brands: Consumers are willing to spend—but only if products can justify prices. Price creep without clear upgrades could alienate even high-budget spenders.
Companies should:
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