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The Xbox One is "catching up quickly" to the PlayStation 4 in terms of worldwide sales, according to Electronic Arts CFO Blake Jorgensen. What's helping Microsoft close the gap is the recent $50 price drop and the value-focused Assassin's Creed and Call of Duty bundles currently available, he said today.

"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," Jorgensen said today during a presentation at the 2014 UBS Global Technology Conference. "And 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 is catching up quickly" -- Blake Jorgensen

Jorgensen predicted that, after the holiday shopping season ends, there will be "north of 25 million" combined Xbox One and PS4 systems in the market. It is unclear how many are in the market currently, but it's believed to be above 15 million (10 million PS4s and at least 5 million Xbox Ones).

http://www.gamespot.com/articles/xbox-one-catching-up-quickly-to-ps4-ea-exec-says/1100-6423675/