ps4
A staff at the PlayStation 4 launch event poses with the PlayStation 4's game controller before its domestic launch event at the Sony Showroom in Tokyo February 21, 2014. Sony Corp said it has sold 5.3 million Playstation 4 game consoles as of Feb. 8, surpassing its full-year target ahead of its release in Japan on February 22, the last country currently scheduled to handle the device. REUTERS/Yuya Shino Reuters

Sony has reduced the price of the PlayStation 4 to $350 from $400. The price cut is exclusive for customers in the U.S. and Canada, however. Also, the Japanese tech giant will release new bundles of the PS4 also at $350.

According to the official PlayStation blog, the following list of PlayStation 4 bundles will be available at the lower price:

  • Unchartered: The Nathan Drake Collection PS4 Bundle is now available for $350 (AU$477) and CA$430. Its original price was $400 (AU$545) and CA$450.
  • Limited Edition Call of Duty: Black Ops III 1TB PS4 Bundle will be available for $430 (AU$586) and CA$500 from Nov. 6. Its original price is $450 (AU$613) and CA$550.
  • Limited Edition Disney Infinity 3.0 Star Wars PS4 will cost $400 and CA$470 from Nov. 13. Its current price is $450 and CA$550.
  • Limited Edition Star Wars Battlefront PS4 Bundle will be priced at $400 and CA$470 from Nov. 17. Its existing price is $450 and CA$550.
  • Star Wars Battlefront PS4 Bundle will be available for $350 and CA$430 from Nov. 17. Its current price is $400 and CA$450.
  • NHL 16 PS4 Bundle available only in Canada is goes for CA$429. Its original price was CA$450.

According to GSM Arena, the new price cut is permanent. It stated the new PS4 pricing has brought down its cost to the current price of Xbox One. The other major competitor for PS4 is Nintendo’s Wii U.

So far, more than nine million Wii U units have been sold compared to over 11 million Xbox One units. Sony has surpassed its competitors as it has sold more than 19 million PS4 units, Clap Way reported. The new price cut will also help Sony extend its lead over Microsoft and Nintendo.

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