GameStop: Xbox One and PS4 could cost less at launch than Xbox 360 and PS3

Game retailer GameStop seems to believe that the launch prices for both Microsoft's Xbox One and Sony's PlayStation 4 consoles could be pretty reasonable, at least in comparison to the launch prices for the Xbox 360 and the PS3.

GameSpot reports that, during a financial analyst conference call today, GameStop's chief financial officer Rob Lloyd said that while they did not yet have concrete information about the prices for the Xbox One or the PS4, he did say the retailer expects them to have a "lower opening price point than they did last cycle."

For a point of reference, the Xbox 360 launched in 2005 in the U.S. for a price of $299.99 for the Core console with no hard drive and $399.99 for the version with the 20 GB hard drive. So far, Microsoft has only announced one SKU for the Xbox One, with a built in 500 GB hard drive. Sony's PlayStation 3 launched in 2006 in the US for the price of $499.99 with its 20 GB hard drive and a whopping $599.99 for the 60 GB model. Sony has not indicated if it will sell more than one SKU for the PS4.

Lloyd also said that they expect GameStop to sell a lot of both next generation consoles, partly because they expect many of their customers to turn in their older machines to the retailer in order to obtain credit for purchasing the new consoles.

Source: GameSpot | Image via Microsoft

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25 Comments

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Did I miss the part on why they think the Xbox One will be cheaper at launch than the Xbox 360 was? I have no reason to believe the Xbox One won't be at least $399 at launch

"lower opening price point than they did last cycle." wtf?
The specs are much higher and included Kinect. I know hardware prices have lowered a lot since then, but still... I don't know why anyone would believe this... I flabbergasted. ughh.
If someone can side with this man please fill me in what he is talking about.

If you thought $800 AU $ was bad enough its $999 here in NZ lol. Places like The warehouse and Noel Leeming will let you put $50 NZ deposit on it, then what lol...hopefully you've got enough money to pay for the rest of it when it does come in store

For launch I'd guess £399 here in the UK for the Xbox One and £449 for the PS4.

People are kidding themselves if they think they will launch with low RRP's.

I wouldn't be that surprised considering how weak the hardware is. When the 360 and PS3 launched, the hardware was nearly as good as a high-end gaming PC. With the X1 and PS4 the CPU is mid-range at best, and the GPU is upper mid-range.

It would seem that because the current consoles have been around for such a ridiculously long time (longer than any other generation i know of) both MS and Sony don't have to use extremely high-end hardware for a big leap in graphics over the current gen.

7 years is a long time? Its going in its 8th year. Most consoles been around for ~7 years.
NES released, 1983.
SNES released 1991/1992.

its because the PSX/N64 - PS2/GC generation was relatively short (5-6 years) that it appears that the current gen is ancient.

Shadowzz said,
7 years is a long time? Its going in its 8th year. Most consoles been around for ~7 years.
NES released, 1983.
SNES released 1991/1992.

its because the PSX/N64 - PS2/GC generation was relatively short (5-6 years) that it appears that the current gen is ancient.

8 years is a VERY long time in terms of computer hardware. I'm not sure why those older console generations lasted so long. Were they as expensive as the 360/PS3 generation? That could somewhat explain it. The N64/PS1 and PS2/GC/Xbox were relatively cheap and didn't last quite as long.

Both are expected to be close ~AUD$800+ here in Australia be interesting to see what the actual prices are. However, considering we get gouged on everything else, I wouldn't be surprised if the final prices nudged ~AUD$1k...

If true, because I expect both to sell for $499, which would be true for the PS4 at least but not the X1 then that's good.

Tha Bloo Monkee said,
But PSN is free, what subscription are you talking about?

Sheesh.. Playstation Plus. I don't know.. I don't even own a PS3. I just knew there was a paid thing you could sign up for!

PSN is completely free, it's your Xbox Live Gold equivalent (except it doesn't cost anything).
PSN+ is a subscription-based service. You get several games free every month, and lots of extras. Games expire when your subscription expires. If you re-subscribe, you get the old games you had back.

PSN+ made my Vita purchase well worth it.
And even though I currently do not own a PS3, I am 'purchasing' the good stuff on the PS3. Its amazing how much return you get, its less then the price of a full game A YEAR, yet gives u 3+ full games every single month and upto 80% discounts on many games.

Tha Bloo Monkee said,
Games expire when your subscription expires. If you re-subscribe, you get the old games you had back.
"Deactivates" would be a better word. "Expires" means that you can longer play the content, even when you resubscribe.