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FattyDingDong said:

I think they should cut the price to 399$. That's what Microsoft would do.


Sony dropping the PS4 price to $350 will not change anything.  MS knows that the XB1 needs to be cheaper than the PS4 to sell well in the US.  If Sony dropped the price to $350, MS would be forced to drop the price to $300.  How does that help Sony.

Sony is better off taking the extra $1,000,000,000 a $50 price drop would cost them next year and investing in more games.  (yes, one billion dollars = 20M consoles x $50 price drop)  $350 vs $400 is not a big deal if the more expensive console has better hardware and the game you want to play.