SXSW: Analyst Says PS4 and Next Xbox Games Will Cost $70!

Analysts suggest that PS4 and Xbox games will retail at $70, ten dollars more than current gen games, said Wedbush Securities Research Analyst Michael Pachter during a panel at SXSW.

The news was tweeted by Spike and GamesTrailers Host Geoff Keighley.

At #SXSW panel @michaelpachter says PS4 and next Xbox games will likely cost 70 dollars, 10 dollars more than current gen.
— Geoff Keighley (@geoffkeighley) March 9, 2013

This comes after Sony Clarified the price point of PS4 games when SCEA President and CEO Jack Tretton explained that Sony, "will offer games with prices ranging from $0.99 to the more traditional $60 range with the ability for players to sample games before they buy.

It's important to note that Tretton's quote never gives a hard number like a MSRP of $59.99, which leaves plenty of room for interpretation of what Sony's view of a "traditional $60 range" might actually be.