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Next-gen PlayStation and Xbox consoles could be priced upto $400: Report

playstation3-slim-newThe gaming fraternity is highly anticipating the launch of the next generation consoles from Sony and Microsoft alike. Many rumours in the past have hinted that both companies are likely to launch their new consoles this year’s E3 with the sales beginning year end.

The latest set of findings, courtesy Colin Sebastian of Baird Equity Research, indicate that the next-gen consoles will be priced around $350-$400 in the US, reports Gamesindustry International.

The analyst who stated the pricing point in a note to investors mentions that his finding is based on his chats with “a number of companies involved in video game development and distribution” during CES 2013.

According to him, the next Xbox should expectedly arrive in November with the next Playstation to launch in October. But he also takes into account the fact that Sony’s PS4 may encounter early production issues, attributing this bit to his “field checks”.

Further, Sebastian is of the view that the next game consoles will consist mostly of “off the shelf” PC components, including an Intel-based chip for Microsoft’s console. He adds, “For Microsoft, this design will also allow for more integration with Windows 8 and Windows Mobile devices.”

As far as Nintendo is concerned, Sebastian feels that the company may struggle to attract new buyers for the Wii-U and that the console will remain more or less restricted to the core Nintendo fan base.

He also predicts that 2013 will be another tough year for the games industry. The reason being, the hype surrounding the launch of next gen consoles, which could lead to a possible decline in sales for current platforms. Some of the games that made it to his anticipated hit list for 2013 are GTA V, new releases in the Skylanders, Call of Duty, Battlefield franchises and Bungie’s Destiny.

Source

About Radhika

Radhika is a contributor to Byte Gyan and an avid follower of consumer technology. Tech is to her like oxygen is to life.

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