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PS4

Updated on October 8th: Finally, Sony has confirmed that the price of the 500GB PS4 bundles will drop to just $349.99 starting on Friday the 9th. And if you're interested in a 1TB model, you'll now only accept to pay $429.99. The original story follows below.

If y'all've been property off on ownership a PS4 until the cost drops, I've got some practiced news. If leaked online listings are to exist believed, Sony plans on dropping the MSRP of the PS4 from $399.99 to just $349.99 — a 12.5% discount. And because that this generation has seen the return of the pack-in game, this is an first-class price point for the upcoming holiday season.

Over the weekend, our sister site IGN pointed out that the Target website proclaimed a "$50 price drib on the PS4" in large bold text. There'south no mistaking the intent here — it seems like a legitimate price cut is imminent. Possibly, somebody pulled the trigger past error. That placement has since been pulled completely, just yous can still see a screenshot below.

PS4 Uncharted

In early 2022, Microsoft created a new Xbox One SKU without the Kinect, and dropped the toll down to $399.99. Later that yr, the Xbox One dropped to $349.99 for a "limited time." Later on that promotion expired, Redmond chop-chop reinstated it, and it's been pretty much locked at that price betoken ever since.

The PS4 has a substantial sales lead over the Xbox One, so it's no surprise that Sony has been ho-hum to match Microsoft'southward discounts. But given that we're nearly two years into the cycle, and the holiday flavour is coming up, now's a good time for the price cut. After all, I'thousand sure Sony doesn't want to let Microsoft get too close.

From a consumer perspective, this is outstanding news. If both consoles are existence sold at the same price, the faster internals and sheer popularity make the PS4 the articulate option. All of Redmond's Kinect and TV aspirations take been shoved to the side, then both consoles are now competing merely every bit gaming devices in most respects. Unless you're already invested heavily in Microsoft's ecosystem, it'll be harder to justify purchasing an Xbox One as your one and merely console. Hopefully, that volition eventually drive Microsoft to go even lower.

So, should you purchase-in when the price drops? It depends on how badly yous desire to play the big 2022 releases. The latest hardware revision is quieter and more power efficient, but it's largely the exact aforementioned box that shipped in 2022. I wouldn't exist surprised to see a complete redesign in the adjacent 18 months or then, and with that volition probably come another cost cut. If y'all don't mind waiting, that'll virtually certainly be a meliorate deal.

If you already have a gaming PC or Xbox One, the number of exclusive PS4 releases probably aren't worth an boosted $350 to you right now. But if yous're still stuck with a 360 or PS3, this price cutting is an splendid reason to pick up a PS4 this yr. The Witcher 3, Metallic Gear Solid V, and Mortal Kombat X are all incredible next-gen experiences. And if Fallout iv and Simply Cause iii deliver on the hype, your $350 investment will be well worth it.