The price of the newly revealed PS4 should be $400, according to the thoughts from one industry analyst.
According to a report from GamesIndustry on Thursday, Wedbush Securities analyst Michael Pachter talked about the starting price being lower than what the PS3 started at.
"We remain confident that the new console will have a lower initial MSRP than the PS3, which had a lofty starting price of $599 that we believe negatively impacted its longterm popularity," Pachter said.
Pachter then said the fact that there isn't a significant jump in game visuals that companies will be more unlikely to raise development budgets right off the bat.
"The smaller jump in graphics this cycle, coupled with a PC-based architecture, should result in a smaller incremental increase in game development spending by the publishers than in prior console cycles."
"Although the PS4 will likely be able to play games at higher frame rates than its predecessors, we believe publishers will be reluctant to significantly increase their development budgets to maximise game frame rates, as the improvement will be largely unnoticed by many gamers," Pachter said.
For those who want to know more about the PS4, you can check out the list below and above this article.