If PS4 Games Only Cost $60, They're Actually Cheaper Than PS3 Games

On CNBC last night, Sony CEO Jack Tretton implied that games for the company's newly-announced PlayStation 4 won't retail for more than $US60.

"We're gonna welcome free-to-play models, games from 99 cents up to those 60 dollar games," he said. Later, he added: "We'll justify that $US60 price point."

That might come as welcome news to gamers who expected another $US10 price jump like the one we saw last generation, when $US50 PS2 games led way to $US60 PS3 games. But is a $US60 price point really sustainable?

When in doubt, ask the federal government. Check this out: according to the US Department of Labor's inflation calculator, $US60 in 2006 would have the spending power of $US68.54 in 2013. And if the PS4 is around for the next 5 or 6 years, that number could just keep growing and growing. A $US60 price point in 2013 really means that games are now cheaper.

So yes, $US60 PlayStation 4 games are actually cheaper than $US60 PlayStation 3 games. Which means we shouldn't be too excited just yet. Big video game publishers will inevitably find other ways to make up the bottom line, which may mean more downloadable content packs, more subscription fees, and more sneaky ways to get you to pay more for video games.

Not to be bleak. But hey, Chrono Trigger, which ran for $US80 back in 1995 (according to an old buyer's guide I just found on Nexis), might cost $US120.88 in 2013. At least we're not there yet.

Expect Sony's PS4 This Holiday Season: Sony Exec [CNBC]


Comments

    Why do we need to waste time speculating what the games will cost? Games have always been expensive and always will be in Australia. They sap your cash with DLC and memberships on top of the disc cost too. If you can't afford this price tag, just wait a few months for the game to drop in price or buy from some cheap online store, or find a cheaper hobby.

      Yeah, I haven't bought a new game near or on release day in a long long time. I have enough of a back catalog I haven't touched yet so I'm happy with catching up while newer games depreciate at the speed of light.

    The fact that EB Games is already accepting pre-orders for PS4 games at double that price, it kinda disproves what the CEO is saying here.

      Not really. EB are both in the dark and looking to protect themselves. Right now they've got about as much authority on the price point speculation as you or I do.

      Last edited 23/02/13 6:31 pm

        Yeah but it IS EB, chances are they'll charge $120 for regular new release PS4 games anyway

        Agreed, IIRC they had Wii U's on pre-order for $999 or something when it was first announced. They just make up a price until they're given an actual price from the publisher/distrubutor (which won't be for a while yet).

      $60 is the US Retail Price. The Equivalent here would be $100, and keep in mind, EB always has put the average of a game at $120 before the real price is known

      If what i've been told is correct, they have to overprice the games and console until announcement otherwise they legally have to sell at the lowest price, meaning if they priced the placeholder price at $70, and the official price turns out to be $90, they have to sell all pre-orders at $70.
      So while the prices are ridiculously high, they don't really reflect the actual price, and are merely there to allow customers to pre-order in advance, but doing so in a way they won't be at a loss by selling at a lower price or face legal action if they refuse.

      The whole thing is about the US price, it's irrelevant to the Australian Price.
      While I hate that and think it's unfair, the US have always had half the price we pay.

      This $60 price they are talking about isn't Australia price, this is American which sells brand new games at $60 unlike EB Games/ Australia who sells brand new games at $90/$100/$110.

      You mean their completely placeholder price of $199 for that their system automatically sets when they don't have an actual price on a preorderable game yet?

      EB are ripoff merchants who's main customers are mums buying games for their whiny kids and don't know any better that they can get the same games 30-50% cheaper elsewhere quite easily...

      My point is, don't use them as the price guide.

    With the amount of DLC they bring out these days, they could give the games away for nothing and still make a profit.

    So is no one factoring in the micro transactions, add-ons, unlocks and DLC?
    US$60 gets you half a game these days.

      Those $10 online passes are sure making them wealth....not.

        That is only for pre-owned games.

    in 1996 I DID pay 120$AU for an import copy of Chrono Trigger... so... nothing new? - Still worth it.

      To be fair tho, Chrono Trigger is better than 99% of all other games

      I think a lot of gamers are either too young to remember buying games for $80-$100 back in the 90's or just forgot. Also they don't understand inflation and ignore facts and would rather blame someone.

    psst... they'll be cheaper because they'll be pushing subscriptions......

    I remember a K-Mart having the same SNES Street Fighter 2 box on its shelf for years at $139.99. I always wondered if they knew why no one bought it. These were cartridges too, not 50c pieces of round plastic we get our games on today.

    Also a mate of mine bought a Neo-Geo and a few games off e-Bay a couple of years ago, the cartridges were bigger than VHS tapes and the box for one of the games still had the price on it: $350!

      Though with the Neo Geo AES, you were paying the premium for actual arcade hardware. And memory chips used to cost a lot back then.

    why are we paying more than in the US since the Australian $ is stronger than the US$, it would then fair and equatable to say that we would pay less than in the States.

    who is pocketing the extra and this sounds more like fraud

      Australian distributors are the ones earning those extra dollars; as well as some retail stores, though some do try and charge a little less or order a few gray-copies to make it cheaper.

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