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[UPDATE] EA CFO: PS4 games may cost $69.99 near launch

  • Posted February 26th, 2013 at 16:48 EDT by Timothy Weaver
  • 35 Comments

UPDATE: Polygon has obtained comment from an EA representative on Jorgensen's statements. According to EA's rep, Jorgensen meant to characterize a general trend of declining retail prices over the course of a console generation, and that he intended to use $59 and $49 as examples, not $69.99 and $59.00.

Original: At a Morgan Stanley investor webcast moments ago, Chief Financial Officer Blake Jorgensen indicated that next-gen video games may retail for $69.99, $10 more than the current retail norm of $59.99.

Jorgensen was asked about a possible increase in retail costs for PS4 and Xbox 720 games and mentioned that such an increase has happened in every generation, followed by a slight decline in prices as each generation runs its course. In order to cover transitional costs for "Gen4" development, Jorgensen expects that next-gen video games will retail for $69.99 for some time, before the market dictates a slight decrease back to the current $59.99 standard.

Tell us what you think! Are you OK with another $10 increase in game prices, or is this asking too much of gamers today? Let us know in the comments below and keep your eyes peeled to PlayStation Universe for PS4 updates in the days and weeks ahead.

 

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Comments

  1. Bill Holic

    • 4:52pm EST - February 26th, 2013

    I guess I wont be buying a ps4

  2. Ernsty | LazerBlader

    • 4:56pm EST - February 26th, 2013

     This does go against what Jack Tretton said last week about PS4 games ranging from $0.99 to $60...

  3. baho

    • 4:57pm EST - February 26th, 2013

     Yeah, i will simply NOT buy EA games. SIMPLE!

  4. dragon1989 | abdesalam

    • 4:57pm EST - February 26th, 2013

    69 for a game is tooo much most games now are with day 1 DLC......

  5. hellcat420

    • 5:05pm EST - February 26th, 2013

    i will not pay that for a console game. especially when half of the  games that ship today are not even finished games.

  6. the_ghostmen

    • 5:16pm EST - February 26th, 2013

    i live in the netherlands some retail stores are seriously putting these prices on some current-gen games but i mostly buy my games online from stores that import from the uk sometimes the new releases cost me 45 euros instead of the 64,99 at local retailers.

  7. Bigdoggy

    • 5:21pm EST - February 26th, 2013

     If EA jacks their game prices, I won't bother buying them.  Let's all remember who is saying this.  Sounds almost like bobby kotick is talking to someone at EA.

  8. CrazyKula | StrasniKula1

    • 5:40pm EST - February 26th, 2013

    hmm........whats too much is too much,currently dont have a job,living in Croatia and here new games for ps3 costs 100$ and if games for ps4 will cost 70$ then here will cost 120$ and i cant afford that....i want ps4 but in this crysis time thats overpriced.

  9. AbyssalDrake81

    • 5:53pm EST - February 26th, 2013

     if that happen i will never buy next gen ifs that ever happen ever y gen console every time 10 dollars plus dlc day 1 that be wrong move 4 every fun 60 dollar game is 2 much now 70 because grafik are you out of youre mind youre just thinking milking our pockets good luck 4 that millions funs aren't happy i aren't happy 70 dollars 4 game if that happen i never buy ea game agein any game if they charge 70 dollar game no 1 wants pay 4 game plus isnt finished then charge dlc unless idiot pays 70 doesn't have live westing money ea good luck sale 70 dollar game you will lose fans because youre out of youre mind  i don't like a bit 60 dollar game is expensive now 70 im true with allot leis because grafik  that is getting out of hand fans you will lose you just see to that is matter of time till you learn youre lesson and mistakes  

  10. Fenix

    • 5:55pm EST - February 26th, 2013

    I paid $69.99 for a few games a few years back when Canada increased game prices due to US-CAN conversion, I will never do that again. >.>

  11. Paul Abbey

    • 5:56pm EST - February 26th, 2013

    how can the price go up, sony are making a console that is easier to develop for, and you can get the same game on pc for £20 less

  12. Two4DaMoney

    • 6:01pm EST - February 26th, 2013

    "The console is easier to work with. What used to take months now take days"  Get the F out of here EA and any publisher trying to charge 10 more dollars.

  13. TristanPR77 | Tristan77

    • 6:08pm EST - February 26th, 2013

    Guess I will not buy games at launch but wait until Amazon put a discount.

  14. Gaglaush | Gaglaush

    • 6:10pm EST - February 26th, 2013

    Sounds like typical EA wanting to charge more then then they need to, i mean any company that says their game NEEDS to sell 6 million units (Dead Space 3) to get a sequel is just a money grubbing company.I can easily see EA and Activision charging more then everyone else.

  15. C A Iversen

    • 6:16pm EST - February 26th, 2013

    EA -  really don't realise the gaming public's perception. This is because they are making a fortune out of milking DLC with each game they make. This is leading them to feel that we're all sheep and will just take being milked over and over again. What they're not taking into account with this new US$10 price gouging is that people are reasonably happy with PS3 tech and aren't in a hurry to upgrade to a console which could have the following issues.

    1 - Used games, this has gone from not being an issue thanks to Yoshida's recent comments to back on the table after a recent UK Sony rep's comments.

    2 - The potential for any new console to suffer failures and how prolifically it happened with the PS3.

    3 - Sony's lack of interest in early adopters and rewarding them for being first in and helping to get Sony's new consoles started. Any bonuses for new adopters? No, sorry. That's your risk. Meanwhile someone who comes in and buys a console 2 years later comes in to all the good features and games waiting for them.

    4 - This new uncertainty about pricing. Who wants to pay $70 a game? Now they are going to be MUCH easier to develop for?  Especially knowing what DLC will be like.

    5 - The increasing feeling that we no longer OWN a game. We're licensing them really now, yet paying ownership prices.

    6 - Sony better make E3 about the consumers and give us good news, as that whole announcement show was all about Sony and the developers and $$$ over their customers. I know it's a business, but you don't have one without happy customers!

  16. BlindMango | BlindMango

    • 6:22pm EST - February 26th, 2013

     CORRECTION: EA WANTS to jack up the price by $10 more next generation so the consumer can bend down and suck even more from them.

    I love the games and content EA pushes out, but as far as all the money money money they request, it's insane! And what do they mean that price goes down as the generation goes on?? PS2 games started and ended at $50 and PS3 games started and ended at $60! Aghhh

  17. Alpha2

    • 7:27pm EST - February 26th, 2013

    Seriously this is the point where the swear filter needs to be turned off so we can suitably tell EA just how hard they can Eff themselves.

    NO. Simply and absolutly there's nothing about the new generation of games that requires a higher price, development will be cheaper because the systems are easier to develop for, you;ve already been creating HD elemtens for your games and you still have butt loads of DLC. Frankly I think this is them getting mad that MS and Sony didn't use that used game blocking method. Simply put if they raise prices they're nothing but greedy A holes.

  18. Kauldron

    • 7:38pm EST - February 26th, 2013

    No Sir.
     
    1.  I'll wait for a price drop. (Games do not retain top prices for long today anyway.)
     
    2.  Buy PSN games
     
    3. Live off of PS+
     
    We the gamers dictate market prices.  Vote with your wallets!

  19. Kauldron

    • 7:39pm EST - February 26th, 2013

    dp

  20. MikeDizzle23

    • 7:41pm EST - February 26th, 2013

    Yeah games should've stayed at $50 but people always want a new console me I'm happy with the Ps3 I think it's to soon for the new consoles anyways they always make something new an expect the gamers to dish out more money which some don't have because of their production cost I'm against it this is why I never get any game during a release usually be months before I get new games $60 is to much an that is $64.04 if you at the taxes

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