Whilst you should always take an analyst's word with a pinch of salt, their estimates on prices are usually well thought out. Investment firm Wedbush Morgan has made some comments on the pricing and production costs of both next-gen consoles, with Michael Pachter, analyst for the company, stating that the PlayStation 4 will retail in the United States for $349.

He also stated that the Xbox One could retail for $399, and that production costs for each individual Xbox is $325. The PlayStation 4 is also similarly priced with a production cost of $275.

If these stats are true, there's no denying that these prices are quite fair on the customer considering the high production costs, however, Michael Pachter has been wrong in the past, like many analysts.

Pachter also talked about possible subscription methods for the Xbox. This would make sense - Microsoft has already tried such plans for the Xbox 360 in the US.

"We believe

You may be wondering how we could make such a claim before the new Xbox console is even out, and with gamers shouting the walls of the internet down with their rage-filled cries of shock at the new Xbox, it would sound like a crazy claim to even think about making. However, Microsoft must be on the right track despite what many have been thinking.

Blockbuster has recently reported that the Xbox One has received more preorders than any other preorder in the history of Blockbuster (around 24 years). What this says at face value; many families and gamers alike seem to dig the home-media combo that is the Xbox One, and two, the Xbox One now caters for what the average consumer feels the need to have in their household.

If the Xbox One was released ten years, ago, I doubt it would reach this many pre-orders, but as we become more and more connected, Microsoft's direction with the Xbox One does actually make sense.

Perhaps the console isn't as game-centric

With news from Microsoft about the whole used games fiasco, there's no doubt that we're all a little worried that Sony will take a similar route with the PlayStation 4. Many gamers and PlayStation fans took to twitter to hash tag the phrase #PS4NoDRM, which stands for PlayStation 4 no Digital Rights Management.

As you can guess, many gamers do not want Sony to make any more restrictions on the way we play games, especially when it comes to selling, buying and trading used video games.

So far we haven't got a straight-up answer from Sony about the issue, but instead, we have the president of Sony, Shuhei Yoshida, trolling everybody involved.

How did he do this? With this tweet-

"Death Ray Manta" coming to PlayStation Vita! #DRMPSVita http://www.inquisitr.com/678568/death-ray-manta-blasting-its-way-to-playstation-vita/

Whilst this doesn't

The above words aren't my own, but are instead the words of Craig Davidson, the head of global marketing at Microsoft. He believes that at this year's E3, Microsoft will put up a show capable of kicking Sony and their PlayStation 4 in the dust...already.

However, after Microsoft disappointed gamers by revealing a huge amount of sports, sports, sports and TV on the Xbox One, there is no doubt that many gamers are looking to the PlayStation 4 instead.

Perhaps Microsoft can woo the crowd at E3, but with the non-gaming related media content, pay-to-play second hand gaming, worse hardware than the PS4 and bundled Kinect 2.0 sensor that will only raise the cost of the overall price, Microsoft have dug themselves a hole that's going to be very hard to get out of.

There's no doubt that both Sony and Microsoft will be trying to get the most attention at E3, but to be honest, right now it's much too hard to work out who will come out on top at the end of this

Last week, the Xbox One was announced, and with it came a lot of boos from the gaming community. But why? Surely a brand new console is a good thing for us gamers?

The truth is that, despite the console having updated hardware to play bigger and better games, many Xbox fans have felt that the Microsoft games consoles they once knew just aren't the same anymore. Microsoft has now put even more emphasis into the idea that the Xbox isn't just about gaming but it's also about media content.

The 'all-in-one' machine as Microsoft have called it, is capable of being a games console, TV box, media player and many other pieces of hardware you may find in your living room. Whilst this is good for the family, gamers feel a little cheated.

Gamers are now going to be bombarded with more media content on their dashboard, and are going to be encouraged to integrate that into their Xbox usage, thanks to various contracts that Microsoft has signed with companies

Xbox Infinity, Xbox 720, Xbox Durango, and now ... Xbox Fusion? Out of these names what sticks the most? It's a hard decision and will probably come down to a personal preference over a certain name. However, Microsoft's preference has yet to be revealed, and although the name, along with many other details are likely to be revealed by May 21^st, us gamers can't help but wonder where Microsoft may be going with the name for this one.

Although popular rumors have helped to spread names like 720, Durango, and more recently Infinity, there hasn't really been any real evidence that the new Xbox will be called these things. However, a new name that has sparked interest over the past week is the name 'Fusion.'

Unlike the other names, Microsoft has already been busying themselves with new domains for the name fusion, and in fact the web pages Xboxfusion.com, Xboxfusion.info, Xboxfusion.biz, Xboxfusion.de and Xboxfusion.co.uk are now all owned by Microsoft and will lead

Skyrim 1.9 Patch

The Skyrim 1.9 patch has been out for a while on the PC platform, however its port to the consoles has so far been a little behind track. However, Bethesda has finally confirmed on Friday that the title update 1.9 for The Elder Scrolls Skyrim is set for release on both the Xbox 360 and PlayStation 3 on Monday, April the 8^th.

Currently according to the Skyrim developer, the Elder Scrolls patch is undergoing the certification process for console release, and it won't be long before the update has passed the test and Bethesda have confirmed that the release is scheduled for later this week.

The 1.9 patch update, which has already been released on

PlayStation 4.40 Update

A new firmware for the PlayStation 3 has been announced to hit consoles soon and will include a few new features, as well as a few fixes for stability issues and bugs. The most interesting feature tells us that PlayStation 3 users will be able to download games straight to their PS3 store via the PlayStation network website, which means wherever you're browsing from, you'll be able to download games to your PS3 without having to touch it.

The remote download feature will only come to the console in May 2013 though, and PlayStation will be posting a few articles explaining how to make the most out of the feature leading up to that date.

The only other

God of War Completed in 8 Hrs

The release date for God of War Ascension is drawing closer and closer, and official game reporters' reviews of the game are coming in hot left, right and center.

Most of the reviews seem very positive and are giving the game scores 8s, 9s, and in some instances, a big fat 10 out of 10.

However, one thing that got my attention was a remark made in a review on the gaming website, Famitsu. The reviewer has said that the game can be cleared in just 8 hours. No details on the difficulty he was playing was given, so it's hard to tell what environment the reviewer played the game in.

God of War's director, Todd Papy recently announced

Tomb Raider 1 Million

According to an Eidos admin, the new Tomb Raider title has hit a huge amount of sales within its first two days. If what the Eidos admin is said to be true, the new Tomb Raider reboot has sold over 1 million copies in around 48 hours. The post he made was short, simply saying "TR9 sales hits 1 million after < 48 hours!"

Before this reboot, the franchise was failing a bit, but the new game has managed to receive a huge appraisal from both critics and the gaming community. A lot of gamers have been incredibly happy with its results, with a lot of gamers feeling that it deserves to bring in some game of the year awards.

Square Enix, Eidos Montreal, and Crystal