Sony cuts Playstation 4 price by $50 ahead of Christmas

Sony also detailed the prices of several console bundles, including three limited edition Star Wars packages.

Besides these two Star Wars PS4 bundles, the Uncharted PS4 Bundle, the Disney Infinity 3.0 Star Wars PS4 Bundle and the National Hockey League 16 PS4 bundle (only avail.in Canada) got the price cut. In order to stay on top, Sony is cutting the price of its console down by $50. This is a very smart move from Sony to reduce the price at this crucial juncture and this will only help in boosting its lead in the sales over Microsoft’s Xbox One gaming console. Although the PS4 has plenty of sales momentum, it faces a few stiff competition from the Xbox One in Q4. This new price has been unveiled as part of the new holiday lineup which ensures you to grab the console and games at a reasonable price.

Sony’s newly announced price adjustment to the PlayStation 4 looks to put pressure on Microsoft’s Xbox One console.

There are reports this week from multiple Playstation 4 users that an icon for Destiny has appeared in their game library, even if they never played or owned the game.

According to the official blog post, Sony is looking to offer gamers the discounted deal price because the holiday season is drawing near. The PS4 launched in November of 2013 for $399, this being the first major price cut since its debut. Koller is absolutely right; lowering the cost of game consoles typically does bring in a flood of new users who weren’t able or willing to purchase at higher prices. Furthermore, he mentioned that Sony is likely to introduce new European prices at a game show in Paris by the end of this month.

The UNCHARTED: The Nathan Drake Collection PS4 Bundle (500GB HDD) drops to $349.99 Dollars / $429.99 CAD (MSRP); October 9, 2015.

A special limited edition Star Wars Battlefront PS4 with a 500 GB hard drive will be priced at $399.99. An Xbox One slim model for sub $300 would go down well with gamers next year.