Sony cuts prices for PlayStation 4 ahead of holiday season

Sony Corp. has decided to cut the price of PlayStation 4 video game console to around $350 from $400. The reason behind this decision is to boost sales ahead of the year-end holiday season. This is a good news for all video game lovers. Company has also decided to follows similar price cuts of the console in Asia, including its home market Japan.playstation4_sale

We are sure that price cut on PS4 will create a big pressure on Microsoft Corp who is the rival of Sony. Microsoft’s gaming console named Xbox One system has lagged the PlayStation 4 in global.

As you all know, Sony is still struggling with weak smartphones and TV sales but Video games, along with sensors, have helped lead a turnaround and continuously generating a big revenue for Sony Corp.

As per latest news-
Due to high demand of PlayStation 4, Sony is expecting $501.3 million growth which from a previous $379.3 million. This is just a forecast, the revenue figures can go up or down based on sale.

Check out the latest price for Sony PlayStation 4

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