Sony admits US console fight growing as Xbox One price cuts working

Sony officials admit to growing pressure in the US console market, as the PlayStation 4 and Xbox One are engaged in a fierce battle.

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It will be fun to see analyst sales figures for console sales after Christmas, as Sony Computer Entertainment CEO Andrew House admits the Xbox One is giving the PlayStation 4 a run for its money. Even though sales are described as "in line" with Sony's previous expectations, the cheaper price tag for the Xbox One has led to a significant sales bump for Microsoft.

Sony admits US console fight growing as Xbox One price cuts working | TweakTown.com

The Xbox One starts at $350 in the United States, while the PS4 is available starting at $400. The $50 price cut was announced in November and will continue to January 3, 2015.

It appears to be a good time to be a console gamer, as both companies also have several appealing console/game bundles available. Expect continued price cuts and increased competition from both companies in 2015, while they try to woo gamers to their respective platforms.

NEWS SOURCES:reuters.com, mognation.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown to cover everything from cars & electric vehicles to solar and green energy topics. A former Staff Writer at DailyTech, Michael is now the Cars & Electric Vehicles News Reporter and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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