PlayStation 4 price drop coincides with Uncharted Collection’s release

The PlayStation 4 has certainly had a big 2015 thus far, with several high-profile exclusives like Bloodborne and The Order: 1886 already releasing, but the holiday offerings for the system are surprisingly scarce this year. To help make new console purchases more appealing, Sony has finally announced a price cut: The PlayStation 4 will now retail for $350.

The announcement of the base system’s price cut also comes with news of price cuts to PlayStation 4 bundles, as well. The Nathan Drake Collection bundle will now retail for $350 (so, yes, buy this if you plan on getting the game anyway), as will the Star Wars Battlefront bundle. Curiously, the 1 TB Call of Duty: Black Ops III bundle is dropping in price from $450 to $430, a difference of only $20.

Although the PlayStation 4 has continued to sell well worldwide, the price cut shouldn’t come as too much of a shock. The console recently dropped its price in Japan, and Microsoft’s Phil Spencer told IGN several weeks ago that “if history tells” a price drop from Sony seemed likely.

Microsoft’s decision to cut the price of the Xbox One several months ago may have factored into the PlayStation 4 price cut, as well. The 1 TB Xbox One console was announced back in June for a suggested retail price of $400, while the original 500 GB model dropped to $350. The 500 GB Kinect bundle is still retailing for $500, however, as if we needed more proof that Spencer and Microsoft are leaving the sensor out to die like Noble Team on Reach.

Nintendo’s Wii U, meanwhile, is sticking to a $300 price point for its game-bundled “deluxe” systems. The holiday game library for the struggling system has grown even smaller following Star Fox Zero‘s delay into 2016, though Monolith’s Xenoblade Chronicles X still looks like a fine way to cap off the year.

The PlayStation 4 price cut will begin tomorrow, October 9, to coincide with the release of Uncharted: The Nathan Drake Collection.