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iTechHeads said:
Sony has no need to be defensive. They can get away without doing an official price drop this holiday. PS4 has the momentum and word of mouth. All it really needs is some good bundles and retailer promotions.

I agree. Also, it's way more important to sell better than the competition all year long rather than for just a month or two, even if those months are November and December. I expect PS4 sales to remain high after holidays while sales for the X1 will severely drop off like the beginning of this year.