EA predicts $70 (USD) price point for Playstation 4, next Xbox games

[Spaceman Spiff]

...at least, to start out.

http://www.insidegamingdaily.com/201...es-to-cost-70/

According to a post on Edge, Electronic Arts’ execs Rajat Taneja and Blake Jorgensen have stated that they expect games for the PS4 and the next-gen Microsoft console to cost about $69 each—a ten dollar increase from the current-gen’s industry standard of $59. The reason for the increase, it seems, is simply that the hardware and games will represent a technological leap forward, requiring a higher price.

The executives offered their insights at Morgan Stanley’s Technology, Media, and Telecom Conference, explaining that the new consoles higher power necessitate a price to reflect that.

"I think, typically, at the start of a cycle, you’ve seen the pricing raise, say, to $69 for a core piece of software. And then over the life of those, that’s drifted down to introduction price, typically now around $59. We haven’t yet set pricing on our gen 4s, but you probably see a similar trend to that during the start of the next cycle.”

Translation: "Because you sorry SOBs will pay it, at least at first. Enjoy."

Oh, and that's the "CORE" piece of software, as well. Let's not forget Day 1 DLC and Microtransactions on top.