Following up on the previous rumors for PlayStation 3 pricing, today Wedbush Morgan analyst Michael Pachter speculates that Sony's PlayStation 4 will sell for $349 while Microsoft's XBox One will go for $399.
Below are the details, to quote: "Investment firm Wedbush Morgan has suggested the PlayStation 4 will retail in the US for $349, significantly lower than the PS3's starting price of $599.
In an E3 preview note to investors Michael Pachter, analyst at the company, estimates that the PlayStation 4 has a bill of materials at around $275, while Microsoft's Xbox One costs around $325. As such, Wedbush is expecting the new Microsoft console to cost $399.
But while Microsoft's new hardware may be priced higher initially, it's also more likely to be available at a subsidised price to the consumer through a subscription contract from a broadcast, cable or ISP provider.
"We believe the ability to watch live TV from a cable, telco, or satellite set-top box through Xbox One could entice an MSO to drive subscriptions through a subsidised box in exchange for a multi-year contract. The 'always connected' requirement for the Xbox One likely means that a broadband connection will be required, suggesting to us that ISPs may have an incentive to offer a subsidy as well.
"In addition, Microsoft could conceivably subsidise the Xbox One through prepaid Xbox Live Gold subscriptions (as it has done on a limited basis in the past) or premium Skype functionality as well. Similarly, Sony could subsidise the PS4 through prepaid PlayStation Network subscriptions, but unlike Microsoft, it does not have a history of doing so," he added.
Looking at Nintendo, Pachter suggested the company needs to prove to consumers at E3 that it has an enviable line-up of titles for the rest of the year.
"Nintendo risks losing additional share to its console competitors if the quality and volume of content available for Wii U does not pick up markedly in the near-term.
"In addition, if the Wii U's popularity does not improve by the end of the year, many third-party publishers may pass on producing games for the console. We note that EA recently announced that it had no Wii U games in development, and it remains a possibility that the publisher will abandon the platform entirely. Should other third parties follow EA's lead, the Wii U could be relegated to a first party only platform."
While all eyes will be on the new console generation, Wedbush Morgan is also expecting a round of price cuts on the current generation technology. The PlayStation 3 and Xbox 360 are likely to have another $50 shaved off their prices, with the Wii dropping to $99. As well as a Vita price cut from Sony, there's also the possibility that Nintendo will try and boost Wii U sales with a $50 price cut or new software bundle."
Finally, in related news a purported Sony PS4 E3 game List has been leaked (via gameranx.com/updates/id/15153/article/rumor-sony-s-e3-ps4-lineup-leaked/) as follows:
Knack: Knack was first announced on February 20, 2013 and has been hailed by some as the next Crash Bandicoot or Sonic. The title character is a tiny robot that is fighting a war against an army of Goblins.
Throughout the game you will amass materials and add to his mass, or disassemble and go back to his small stature. There’s a good bet that there will be obstacles and other puzzles you will need to beat that will depend on Knack appearing larger or smaller.
This game will also be available to play on the Vita through remote play.
Drive Club: Drive Club is pretty much what you might expect. This is a racing game with a few little tweaks here and there in order to set it apart. The title will take advantage of the PS4′s social features by allowing people to show off what they’ve done on the track.
The game will also allow players to create different courses and driving challenges.
inFamous: Second Son: inFamous: Second Son is actually the third installment in the inFamous game series. Like Knack, this game was announced at the same time the Playstation 4 was revealed on February 20, 2013.
This title will introduce players to a new main character in Delsin Rowe. You must guide Rowe through a world that features a totalitarian government and an oppressive police force.
Killzone: Shadowfall Killzone: Shadowfall is the fourth installment in this particular series. This game is set 30 years after the events of Kill Zone 3. War is still raging in this game as two different factions battle in order to survive.
More PlayStation 4 News...