Gaming industry data expert Mat Piscatella of Circana believes there will be some sticker shock for those who finally pick up current-gen gaming consoles to play Grand Theft Auto 6 when GTA 6 arrives in November.
Because of increasing RAM prices and an overall volatile economy, both the PlayStation 5 and the Xbox Series consoles have seen price increases. Following a price hike in early April, the standard PlayStation 5 now costs $649, up $100. The PlayStation 5 Pro costs $900. Piscatella believes those numbers will increase.
Rising PS5 Prices Could Shock GTA 6 Buyers, Analyst Says
During an interview with Christopher Dring of The Game Business, Mat Piscatella warned that for those who don’t pay attention, there will be plenty of players who experience a price shock when they find themselves potentially paying $1,000 for the latest GTA experience.
“Those folks who don’t pay a lot of attention, but have heard that GTA is coming, and that’s a lot of people, they will show up and go, ‘GTA is finally out, I’m going to pick it up.’ And then… “A $1,000 console!” There’s going to be a price shock for a lot of people. And yeah, I said $1,000 because I’ve just already assumed we’re going to get more price increases. I hope we don’t.”
While this expert believes the cost of a console will concern players, efforts have been made to alleviate concerns about the overall price of the upcoming Grand Theft Auto title. Take-Two CEO Strauss Zelnick recently addressed concerns that the game would cost $100, saying he believes game developers aim to over-deliver on the experience so players feel they’re paying for a premium package, even though they may not be.
His full comments can be read here.
Insider Gaming will continue to monitor the story and report any updates as more information becomes available. For more on the rising cost of consoles, check out the news on Nintendo being pressured to raise the price of the Switch 2.
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