Microsoft is predicting rival Sony will cut the price of the PS4 very soon.
Such a move would follow last week’s price cut in Japan, announced at the Tokyo Game Show.
“I fully expect they [PlayStation] will drop price,” Xbox boss Phil Spencer told IGN.
“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.”
An official announcement would likely happen during Paris Games Week, taking place October 27. We’ll be reporting live from the press conference on the day.
If you’re thinking of buying a new PS4 before Christmas, you might want to hold back until the end of next month.