Playstation 4 And Xbox 720 Games Likely To Cost More Than Current Gen Games
Playstation 4 and Xbox 720 games are expected to cost about $10 more than the current generation console games cost. That prognostication was made at a SXSW panel by Wedbush Securities Research Analyst Michael Pachter.
While it might seem like a bit of a no-brainer than next generation games are going to be costing a little bit more than what we currently pay, the question has been posed to game developers who have been very non-commital on the issue.
Last month, when Electronic Arts CFO Blake Jorgensen was asked flat out whether he felt that the next generation game would be more expensive, he said that traditionally new console games have gone up at the start of the cycle but that they eventually come back down.
During that interview, Jorgensen specifically mentioned a $69 price tag, without it being brought up. That seemed to hint that the company had at least been looking at a $10 boost since most new current generation games carry an MSRP of $59.99.
Playstation 4 and Xbox 720 game developers will face a bit of a conundrum if they are tasked with raising prices on those games. SCEA President and CEO Jack Tretton had commented that he believed that Sony would price their games along the lines of the traditional pricing point.
Tretton seemed like he was being very careful to not say that the next generation games would actually carry a $59.99 so there is room for interpretation. Game companies aren’t going to actively tamp down the excitement over their systems by announcing that their games are going to be even more expensive.
At #SXSW panel @michaelpachter says PS4 and next Xbox games will likely cost 70 dollars, 10 dollars more than current gen.
— Geoff Keighley (@geoffkeighley) March 9, 2013
That could be why those who are looking to budget for their next generation game purchases would be better suited to listen to those who don’t have a dog in the hunt.
If Playstation 4 and Xbox 720 games have an MSRP of $69.99 will you still buy them?