Playstation Price Cut,Can Xbox Keep Up?



Surprisingly, Microsoft revealed that Sony's PlayStation 4 will be having its price cut in the coming days. Microsoft and Sony are currently and have been the kingpins of the gaming console game through their Xbox and PlayStation entertainment packages.
At the recent Tokyo Game Show, Sony made a significant announcement about their PlayStation 4 gaming console getting a price cut in Japan. Its original price was slated to get a price drop of around $42, citing its Asia price of 39,980 [66,372.98 Nigerian Naira]Yen falling to only 34,980 Yen [58,073.89 Nigerian Naira]

According to Attack of the Fan Boy, Sony has finally answered what most consumers have been asking. Yes, Sony is also extending their gaming console price drop in the U.K. starting on Oct. 9.


The said announcement will be accompanied by the launching of "Uncharted: The Nathan Drake Collection" also in the U.K. PlayStation 4 apparently took the route of Microsoft by competing Xbox prices, setting it at £299.99
[91,585.81 Nigerian Naira] from its original price of £349.99 [106,844.00 Nigerian Naira].

According to reports, the news was revealed by Microsoft Xbox President Phil Spencer, through IGN and said that he fully expects the price of PS4 to drop. Spencer banked his predictions through previous PlayStation directions.
The Xbox executive was also happy with the decision, which is a bit surprising since everyone is accustomed to see two bitter rivals to throw bombs at each other and said that the move is great for gamers. It is also expected for Xbox to step up the game in order to compete equally with Sony.

Although there has been significant development in terms of expanding the regions wherein PlayStation 4 gets a price drop, there's still no confirmation whether Sony will extend the program to their North America fans. 






Phil Spencer of Xbox, on the other hand, gave his insight towards Sony's move, telling IGN, "I fully expect they will drop price. When I think about the playbook they've used in the past, we feel good about the plans we have in place going forward in the holiday. If history tells, then we'll see a price drop from them coming."

In his interview, Spencer also added that the competition was actually good. For four months in a row, PlayStation 4 dominated the sales of gaming consoles in the U.S. alone. This year has given Sony the opportunity to show off what they can deliver to their fans, listing only the month of April wherein they didn't top the charts of gaming console sales.
In August, PlayStation 4 was declared the highest grossing game console for the month against its rivals Microsoft's Xbox One and Nintendo's Wii U. As a matter of fact, PlayStation 4 or PS4 outplayed the two game consoles throughout the year except for May (Xbox One). With the current news, it is expected for PlayStation 4 to carry its momentum in 2016 and will continue to dominate the industry throughout 2017 because of the upcoming remake of the probably one of the, if not the most, popular game in the gaming industry, Square Enix's Final Fantasy VII.

The PlayStation 4 or PS4 was initially released in November 2013 at around $400 
[79,704.00 Nigerian Naira] and received a total of roughly $150 [29,889.00 Nigerian Naira] price cut since it was released [ which puts the price at about 50,000 Nigerian Naira]. Spencer's revelation is also good news for those who want to get the popular game console, either for personal use or as a gift, most especially the holiday season is around the bend.

Kudo Tsunoda of Xbox, however, expressed to Games Radar his confidence that Xbox can come out on top in the future, saying, "I think if you look at our competition, there's no way that people can really stack up with our exclusive content and that's the amazing part of what we're doing at Xbox."
Microsoft has been confident about their sales and the obvious competition between Xbox and PlayStation. But if Sony is heading to the U.S. for an extended price drop in their scope of region, the question floats whether Microsoft, capitalizing on their exclusive games, will be able to keep up with the gaming console competition.

In related news, Sony has finally revealed PlayStation VR which was touted to reshape the landscape of the gaming arena. The PlayStation VR was developed under the name Project Morpheus in response to Oculus Rift, the first VR in the gaming world. The PlayStation VR uses PlayStation 4 to play its game.
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