Microsoft announced a price increase just in time for the pre-order day of Grand Theft Auto VI.

Microsoft's announcement of the price increase for the Xbox console comes at a crucial moment for gamers: the long-awaited pre-order for Grand Theft Auto VI has just begun. Developed by Take-Two Interactive Software over several years, the game is expected to be the most anticipated installment in the GTA series to date. Microsoft's price hike will take effect in August, which may encourage gamers to purchase the console earlier before the game's release in November.