How surprising that while only one manufacturer was offering such a product, prices didn’t go down, but by the time another company signed up, suddenly, prices started to go down!

The PlayStation 5 storage expansion is a little more inconvenient. Still, it’s a cheaper and more stable solution because you have to open the console to install the NVMe M.2 SSD, but it’s easier to find. It’s cheaper because it’s not a proprietary format. You just go to a computer store (or maybe search online), see what’s supported, buy it, and do your business.

On the other hand, the Xbox Series X and the Xbox Series S take a different route with their plug-and-play solution. You simply plug the Seagate cards into the dedicated slot on your console, and you’re ready to go. Microsoft is the winner in terms of convenience, but so far, it has been lagging in price: $140 for the 512 GB card, $220 for the 1 TB model, and $400 for the 2 TB version.

Microsoft announced that it is cutting prices, perhaps because of below-average demand. Not temporarily, but the three cards will have a new price from now on. The 512 GB model will be $90 (a 36% reduction), the 1 TB version will be $150 (-32%), and the 2 TB will be available for $280 (-30%). So it’s a significant price cut, and the 512 GB version is now mainstream pricing. Microsoft may have moved because Best Buy leaked that they would launch a similar product by Western Digital under the WD_Black brand. It has not been announced yet, but we can expect it soon.

What is the lesson to be learned? It is that if there is no monopoly, there is already a better chance of reduced prices to win the favor of consumers. Let’s hope the price cut will happen worldwide…

Source: WCCFTech