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GameStop expects PS4 and Xbox One to launch at lower prices than PS3 and 360

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GameStop looked ahead to the launches of the PS4 and Xbox One during an earnings call on Thursday and it may be good news for those early adopters.

The retailer expects the both the Playstation 4 and Xbox One to launch at lower prices than the Playstation 3 and Xbox 360 launch prices. Gamestop did not provide an estimate or price range for the next-gen console launches but it shouldn't take much to figure out what the prices will be.

The PS3 originally launched at a price of $499.99 for a 20GB version and a $599.99 for the 60GB version. Meanwhile, the Xbox 360 was released at $299.99 for the hard drive-less Core edition and $399.99 for the Xbox 360 Premium edition that came with a 20GB hard drive.

There are rumors that Microsoft will release a subsidized version of the Xbox One at $299.99 with a subscription to Xbox LIVE.

GameStop does expect the console market and its revenue to pick up once the new consoles are released later this year and through 2014 as adoption rates hit critical mass.

The retailer also noted that it is partnering closely with Microsoft and Sony to ensure a "seamless transition" to the Xbox One and PS4.

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