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GAMING NEWS

Next Xbox And PS4 Games To Likely Cost $70 - Analyst

Posted on Monday, March 11 @ 11:45:55 Eastern by Alex_Osborn
Gaming has never been a very cheap hobby, and according to one analyst, it may be getting a bit more expensive when the PlayStation 4 and Xbox 720 hit store shelves.

Spike TV's Geoff Keighley recently Tweeted that Wedbush Securities analyst Michael Pachter believes that next-gen games will most likely see a $10 price hike. 


I don't know about you, but I have a hard enough time coming up with the $60 it currently costs me to get a new release, never mind $70.

Do you think the increase in development costs will force publishers to bump the price up on software? I sure hope not! Share your thoughts in the comments below.
Tags:   next-gen, ps4, Xbox One


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Comments
  • MandaloreHunter
    MandaloreHunter

    Joined: Aug 2012
    Posted: Mar 11th, 2013 at 12:13 pm
    Weren't SNES games like 70 bucks back in the day, or at least some of them? I can distinctly remember DKC going for 70
  • wildmario
    wildmario

    Joined: Jan 2007
    Posted: Mar 11th, 2013 at 12:15 pm
    That is true, though I think nowadays, the same tech would be quite cheap today. Nintendo's games gotten cheaper in the past several generations and only went back up in price once the 3DS and Wii-U was made.
  • SolidSevchinko78
    SolidSevchinko78

    Joined: Jun 2012
    Posted: Mar 11th, 2013 at 12:23 pm
    Hell I remember getting. Starfix 64 and it was $80 for the game and rumble pack.
  • TheBigRedPyramid
    TheBigRedPyramid

    Joined: Dec 2012
    Posted: Mar 11th, 2013 at 1:12 pm
    Finally, somebody else remembers N64 games being ridiculously expensive like I do. I thought for a while that i might have just made those prices up in my head. I also remember funcoland selling N64 consoles for $330 when they were brand spanking new.
  • SolidSevchinko78
    SolidSevchinko78

    Joined: Jun 2012
    Posted: Mar 11th, 2013 at 1:34 pm
    Oh yeah I vividly remember. I was only 7 when the N64 came out but I remember wanting games for it and remember the high prices of them. I got tired of it later, and I got a PS1 in 2000 but still always owned a Nintendo console as well. I just got tired of paying the prices of N64 games. I got the PS1 in Christmas of 2000, and I had gotten money too, plus I had some saved from my birthday, I had about $130 saved, I went out to Walmart and bought 6 PS1 for less than $120 and still had money to buy a memory card. Now I couldn't have done that with the N64.
  • wildmario
    wildmario

    Joined: Jan 2007
    Posted: Mar 11th, 2013 at 12:14 pm
    People always wanted pretty graphics and powerful systems. They tend to forget where those costs are coming from. Enjoy your shinier and pricier games, kids!
  • shandog137
    shandog137

    Joined: Mar 2007
    Posted: Mar 11th, 2013 at 12:44 pm
    Regardless of if development costs increase launch would be the ideal time to increase software costs to test the market. You start at $70... see if sales diminish then drop down to $65 but it would be more difficult to justify launching with $60 games and then later increasing the cost. So...wouldn't be surprised if their first volley is at $70. But that is an upfront increase that you can at least distinguish. What they will do with DLC is a whole other beast entirely.
  • Stickyellowsock
    Stickyellowsock

    Joined: Oct 2009
    Posted: Mar 11th, 2013 at 1:03 pm
    Is it me or is a majority of today's news just hearsay?
  • Fieperskaivu
    Fieperskaivu

    Joined: May 2011
    Posted: Mar 11th, 2013 at 1:15 pm
    Agreed, though gaming news is usually at least 80% speculative the year before a new gen of consoles comes out.
  • Ivory_Soul
    Ivory_Soul

    Joined: Nov 2005
    Posted: Mar 11th, 2013 at 1:42 pm
    When the PS3 and Xbox 360 came around everyone was saying games were going to cost $100. The president of SCEA even came out and said games for PS4 will still cost $60.
  • TheBigRedPyramid
    TheBigRedPyramid

    Joined: Dec 2012
    Posted: Mar 11th, 2013 at 1:23 pm
    I for one do not believe that they will be jumping up the price. I for two believe that Pachter is a turd burglar. Plus Developers are developing new engines to keep costs down, like Hideo Kojima for instance said that he developed the FOX engine to simplify developing multiplatform games while dramatically (it's true, he said "dramatically") speeding up development time and reducing the cost to develop AAA games. I think if the price is gonna go up it will more than likely be the generation after this upcoming one. I could be wrong though of course, but this is just how I see things unfolding.
  • Axelownz
    Axelownz

    Joined: Apr 2011
    Posted: Mar 11th, 2013 at 1:25 pm
    I want to keep gaming but if this is true, i may be hesitant. I remember i got a playstation and N64 later so the games were usually 40, then Gamecube,Xbox and PS2 were 50, 360 and PS3 were 60. I do have a hard enough time buying 60 dollar games, 70 dollar games might be a bit too much.

    I never was into gaming when those 80 dollar n64 games people talk about were going on either, so can't empathize with that.
  • Jessica_Vazquez
    Jessica_Vazquez

    Joined: Sep 2010
    Posted: Mar 11th, 2013 at 2:20 pm
    Ummm with DLC map packs, and season passes, new games ALREADY cost $70+ dollars. I'm not too surprised about this at all.
  • Sourdeez
    Sourdeez

    Joined: Feb 2012
    Posted: Mar 11th, 2013 at 2:27 pm
    The have a gun to your head. Pay $70 for a game or they will slice your game into even more DLCs.
  • xDUMPWEEDx
    xDUMPWEEDx

    Joined: Jan 2012
    Posted: Mar 11th, 2013 at 3:51 pm
    I got DOOM on SNES on launch day and I remember it was either $69.99 or $79.99. I'm guessing the Super FX chip added a bit to the cost, because the port was terrible.
  • sliverstorm
    sliverstorm

    Joined: Jun 2007
    Posted: Mar 11th, 2013 at 4:04 pm
    But that red cartridge was freaking awesome.
  • 213EDD
    213EDD

    Joined: Sep 2007
    Posted: Mar 11th, 2013 at 5:16 pm
    Looks like i'm going 100% PC gaming next generation, bye consoles ****ing die will ya
  • gulllllll
    gulllllll

    Joined: Mar 2013
    Posted: Mar 12th, 2013 at 12:28 am
    i got mortal kombat 1 on sega master systems 2 for $100
  • Zpyder
    Zpyder

    Joined: Sep 2010
    Posted: Mar 12th, 2013 at 3:00 am
    So...translating game prices, I'm assuming here in the UK new retail games will be £50 instead of £40, give or take. Thing is, I can't remember the last time I paid full price for a console game. Give it a couple of months and it's down to half price, half a year and it's usually around a tenner. If next gen games are getting a price hike, all that means is I'll wait a few more months until it's a reasonable price to buy.
  • sonicfast
    sonicfast

    Joined: Mar 2013
    Posted: Mar 14th, 2013 at 1:48 pm
    Wow so let me get this straight, we are paying almost $800 dollars for consoles and now games are going to cost $70. This is so out of it, if all console gamers turn to Pc games, then next gen companies should of tought before bumping up prices. These guys think i have the money for their high prices, i also need the money for books for school and to pay phone bills.

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