Both Xbox One and PlayStation 4 release date are going to be available for sale around the same time at the end of the year. The Xbox One will be priced at $399 and the PlayStation 4 is going to be priced at $349. The prices of the gaming consoles were not officially announced by the respective manufacturers but by the popular analyst, Michael Pachter from Wedbush Securities.
The price analysis comes just before the E3 video game conference that is going to be held in the next week. Pachter made the analysis by calculating the amount of money that was spent on the materials that were used to build both the gaming consoles. The research was done on the basis on the price speculation of each of the devices and was also done on the basis of their specifications.
Eight years ago, the Xbox 360 was launched at a price tag of $399 in 2005. The PlayStation 3 was launched in two hard disk storage capacity variants, the 20GB model was priced at $499 whereas the 60GB model was priced at $599. According to Pachter, Sony made the PlayStation 3 available at an expensive price which affected its long-tem popularity.
Sony and Microsoft are yet to reveal the official prices and they have not commented on Pachter’s report. If you feel that Xbox One’s $399 and PlayStation 4’s $349 tag is on the expensive side, Pachter has something interesting for you. He feels that different partners of Microsoft and Sony will make the gaming consoles available at much cheaper rates.
He said the Xbox One which lets you view live TV, cable operators might offer contracts that will last for couple years along with the Xbox One devices. Also, the gaming console from Microsoft can be connected to browse the web to perform video calling on Skype. This can interest internet service providers to offer Xbox One devices at reduced rates.
The rival gaming console, PlayStation 4 may not be available with such exciting offers. Still, the makers can provide discounts to customers who avail PlayStation Network subscriptions. Since the features of the Sony PlayStation 4 are not yet known, the PS4 may come out with similar features that are present on the Xbox One. If this happens, there are chances of getting the PS4 at reduced rates.
The Xbox One is not just a gaming console but a complete family entertainer. The PlayStation brand name suggests that it is a gaming console. It is only because the Xbox has metamorphosed into a family entertainment system, expectations are high that even the new gaming console from Sony will offer multimedia functions.
Pachter also added that Sony, Microsoft, and Nintendo will be reducing the rates of the previous generation gaming consoles. He said that we can expect a price reduction of $50 on Xbox 360 and PlayStation 3 whereas the price of Nintendo Wii U could fall to $99.