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Microsoft will be happy to hear this news.
According to EA CFO Blake Jorgensen, the Xbox One, celebrating it’s first year in the market, is catching up in terms of console sales to Sony Entertainment’s Playstation 4. This news comes soon after Microsoft announced a $50 price drop on its next-gen console.
Microsoft has been aggressively marketed the console during this holiday sales season, including value bundles that include the newest releases from Assassin’s Creed and Call of Duty, 15,000 points for Live Rewards members who pre-order games through Microsoft Store, and $10 gift cards for ordering those same games. Pricing played a massive role in the last generation of gaming consoles, as Nintendo’s less advanced Wii console was able to outsell both the Xbox 360 and the PS3 simply by having a significantly lower price point.
This news is also good for the video game industry overall, as competition between Sony and Microsoft will ultimately pay off for gamers, studios will be able to sell more units per game and developers will be able to focus on next-gen games, increasing their knowledge of the hardware’s limits.
No word yet from either Microsoft or Sony on these comments, but its clear who’s happy and who isn’t.