Ever since the Xbox One and PS4 launched last November, the PS4 has always been in the lead on the number of sold consoles to customers. However, Electronic Arts' chief financial officer, Blake Jorgensen, states that the Xbox One is catching up to the PS4, with Microsoft's recent price reductions playing a huge role in this.
"Clearly Sony has jumped out to a lead with a great console and I think a great pricing strategy, but Microsoft is catching up quickly," said Jorgensen.
"Pricing actions that are taking place, particularly within this Christmas season, driven by Microsoft around reductions plus a lot of bundled software, I think will continue to help pull the consumer into the new consoles."
Microsoft has recently revealed that nearly 10 million Xbox One have been shipped to retailers. On the other hand, Sony has confirmed that 13.5 million PS4 have been sold worldwide by the end of September.