Phil being Phil, you always have to take his words literally and not in good faith, so "No plans today" to increase console prices, doesn't mean they will not.
Also his definition of competition is interesting
"Competition is about driving competitors to innovate, competition is to do new things like cloud, like subscriptions and building new intellectual property"
His actions
- Jump on the cloud gaming bandwagon, whilst leveraging their parent company's position in a very uncompetitive market to gain an advantage
- Built no new IP of significance for 2 generations of consoles
- Buy out whole publishers in an attempt to (most likely using the parent company's profits from dominance in other markets to make these acquisitions)
All of the above are not really innovating, they are calculated corporate moves that will reshape the industry, for better or for worse. The outrage that people had when MS were making their games all online only and single license, now people are all in on GamePass (which is effectively the same except games can be taken away), as soon as they get in a dominant position, I wouldn't be surprised if they remove game 'sales' completely or at least physical.