Current generation video games cost $60, and it has been like that for the past seven years. So obviously prices can't stay at that level forever. Video game analyst Michael Patcher believes next generation titles on the Xbox 720 and PS4 will cost $70, a massive $10 increase.

While Patcher is only making assumptions via his crystal ball, SCEA CEO Jack Tretton stated that PlayStation 4 titles would cost $60, though it is not certain if he's speaking exclusively of Sony titles. On the other hand, Blake Jorgensen, financial officer at EA claims the publisher has not yet come to terms on pricing for next-gen titles.

Paying $70 for video games might not be a good idea, considering the high chances of micro transactions playing a huge role in next-generation titles. In addition, since all next-gen consoles will have a similar PC-like hardware, there should be little to no learning curve on developing games for all three platforms — which should make for shorter development time and less money spent.

Furthermore, Patcher did not stop at new video game prices, but went on to claim the Xbox 720 will come out on top as the bestselling next generation console, followed by the PlayStation 4 and Wii U. He stated that the Wii U will only manage 30-35 million units sold in its lifetime, while the Xbox 720 and PlayStation 4 would see 95-80 million units sold respectively.

Patcher's reason for crowning the Xbox as the winner has all to do with Skype and a possible TV tuner feature that may or may not be a part of Microsoft's new system. It will be very interesting to see his verdict if the console turns out to lack some of the capabilities he mentioned.