There’s no doubt that games will play an important role in the impending console war, but one aspect that some pundits have been keen to gloss over is price. Many of the PlayStation 3’s early commercial struggles can be applied directly to the cost of the console, and while the platform holder’s promised that it’s learned from past mistakes, price still remains a question mark looming over the PlayStation 4.
However, divisive industry analyst Michael Pachter doesn’t foresee it as a problem. Chatting with Game Zone as part of a wide ranging interview, the notorious Wedbush Securities employee predicted that the system will sell for $349.99 – an incredibly low price compared to the PS3’s infamous $599.99. What’s more, the financial advisor added that the Xbox One will probably cost more than Sony’s next generation machine, in the region of $399.99.
Asked which console will dominate, Pachter said that both systems will sell out if they launch at the aforementioned price points. "I think both Sony and Microsoft will perform really well, and think that gamers come out on top, because they will have more choices than ever before,” he told the website in an uncharacteristically considered response.
But how feasible is the analyst’s price prediction? Well, everything coming out of Sony thus far has pointed to the PS4 adopting a much more manageable sales sticker, with The Times reporting earlier in the year that the console will cost £299.99 ($454). That’s a lot more than what Pachter’s got in mind, but it’s still significantly cheaper than the PS3’s price. Personally, we reckon that $399.99 will be the target – but even that looks cheap considering the hardware packed into the box.
The question is: what are you willing to pay for the PS4? Do you think that $349.99’s too high, or would you be happy to spend more? Let us know in the comments section below.
[source gamezone.com]
Comments 31
Wow. I'll be extremely disappointed in my spontaneous wii u purchase last year if the ps4 retails at 349.99. I was expecting a lot more, and with getting married I don't think I'll be able to justify getting this no matter how low it is.
I'm still expecting a $399 base model, and a $499 premium. I'd like to buy the PS4 for 400, but I expect if there are multiple models, the discrepancy between the two will be pretty wide.
@ztpayne7 $349.99 sounds way too cheap to me. Pachter's right, though, it absolutely would sell out at that price!
I'm predicting either $400 or $450.
350? Count me in! I sleep infront of the store xD
I doubt this will be this price, but I would seriously do a happy dance if this came true.
$350 wouldn't be bad at all. I still plan on waiting to get one but might not wait as long at that price.
$350 and i will get 3 man
I would definitely buy a PS4 on day 1, if it retails at $350. I expect it to sell for no less than $450, though.
Amazon are listing a pre order price of £599 in the UK. Not sure how much this will drop closer to launch but I'll not be buying mine until it is below £399. I'd have your hand off for a day one price of £349.
Anything less than $500 would be a shocker. Sony can't afford to take losses for the next three years from selling another system at a huge loss. Even at $500, it will still be $100-$200 less than the Xboner. That puppy, besides being unpopular already, is going to be expensive.
I do think they'll try and bundle PS4 and Vita for like $850 though.
$350 for the 12 gb equivalent maybe? "The cheap one" with no preloaded services and one controller, right? Then retailers can bundle it up to $400 easy by adding a single game. I'd love to know about the hdd upgradability before I buy anything. I didn't know you could upgrade ps3's to 2 tbs till recently for example. Screw paying for a dumb internal hdd I can get myself
I predict $450, maybe $500. I think Pachter has his head up in the clouds, $349.99 for the PS4 and Xbox One? The freakin Xbox 360 is still $299.99 and PS3 is about the same, so for $50 more, your getting so much more? Yay right....
Talk about stating the obvious. And he gets paid for saying stuff like this?
I am getting both systems no matter the price I'm a PS guy my son is a xboxer ill play both but I have no doubt the PS will be slightly better..at this price it would be perfect seeing I will be buying both I have my fingers crossed
This works out at about £230! Damn that is cheep!!
That's an insane price prediction considering the new Eye is in the box. It would be hard to buy a PS3 and a PS3 Eye at that price. Plus the 8GB GDDR RAM (did this website ever cover the whole GDDR vs. DDR RAM hulabalu?)
One caveat which I didn't see anybody else mention and isn't in the article - $15 monthly fee like the Xbox360 currently has if you buy the 2yr. subscription model for $99. Sony isn't going to be giving away all that "Share" stuff for free. $350 looks about right w/ another $360 in fees tacked on.
I can see the xbox one however selling more due to licensing and the hdmi input with the ability to decode hdcp.
I see the PS4 selling at $399 Base and $499 premium with the X1 selling at $429 Base and a Subscription model at $249 or $299.
I have $500 set aside for ps4 + a game. $349.99 would be awesome. Then I would grab a second game(drive club).
If it does end up being $349, it'll be £319 or something similar in the UK I reckon. I just can't see it being between £200-£300, not a chance.
If ps3 costs 350 euros I will get on launch if the new final fantasy is a launch title!
Just don't all laugh when the Australian pricing is announced!
Those Australian power adapted are expensive beasts and generally require a 50% markup.
It'd be confusing as hell for the mainstream consumer but if Sony is serious about remote play, and all accounts seem to indicate it is, then I could see three possible skus happening. A very basic one for $350, a 'premium' bundle for the core gaming audience with a good size harddrive, headset and everything you need to get started for $450-$500. The third sku would be a combo pack with the premium PS4 and a PS Vita bundled together for $600.
350 would be a shocker for me but it makes it a whole lot easier to pick one up, no doubt they will fly off the shelves.
@Gamer83 I seriously doubt Sony goes any where near 600$ though I do understand what your saying. The bottom line is as of right now not many people have much reason to buy a Vita. I've thought several times about buying a Vita but I have a ipad with a hundreds of apps and games so it makes little sense at all for me to get one, and I can imagine other tablet and smart phone owners feel the same way. However i do intend to get a PS4 and depending on how the remote play works out it just might be the kicker that tablet owners need to grab a Vita to compliment their PS4.
@ajay708 there is very lil reason to actually buy a Vita, your right. I had my Vita for about a year, and it's truly an amazing system, but the games don't seem to back up the awesome hardware. Also, the console price might be ok, but it compensates that with extremely expensive memory cards. So far, if you own a tablet/android device and a xbox 360/ps3, your basicly getting the same experience the vita offers Hopefully, Sony gets there act together when the PS4 comes out and makes the Vita a more valuable system to own.
good god Pachter showing some praise to a console that ISN'T a xbox
the world has gone mad, MAD I TELL YOU
Not quite sure how often Pachter's been right about....well...anything. Seeing how much the Vita was priced at along with how much the required memory cards cost, I don't think $349.99 is something Sony would do.
Sounds like a steal for such a advanced piece of brand new tech, but... if MS is going to sell Xbox at under $200 (my guess) subsidized, then Sony has to do something drastic with the price.
@BlueProxy It's unlikely Xbox One will sell for $200, since it bundle with Kinect 2.
$349 sound like a nice price, but hopefully Sony will tell us ad E3
If Patcher's track record is any indication, the PS4 will be found in stock on store shelves the day of launch for way more than $349.
Didn't Patcher also say recently that the X1 will destroy the PS4?
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