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PlayStation fans are in for a treat. Sony has announced a drop in PS5 price as its first standalone console sale debuts. With the announcement, the PlayStation 5 console will see its first-ever drop in price. The new price will be as low as $449.99 in the US and £399.99 in the UK. With Xbox also coming to the market with all guns blazing, Sony’s move may yet again help to boost sales of its flagship console.

While critics often complain about how Sony makes it mandatory for players to possess a PlayStation 5 to play some exclusive PS titles, the deal may be a game-changer in the ongoing Console Wars.

PlayStation 5 discount may decimate the competition

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Xbox and PlayStation are the two leading console manufacturers in the world. With the Nintendo Switch being considered in the handheld gaming PC domain, Sony and Microsft are in constant war against each other. With that in mind, a price drop for the PlayStation 5 will surely make it an attractive purchase option for those who crave the exclusive PS experience. With rumors of an affordable PlayStation 5 arriving soon, this discount will also be another reason to head over to Camp Sony.

What’s more interesting about the sale is that it even comes with a standalone price cut. Unlike other bundle deals, this particular sale will see a further drop in the MRP of the console. Hence, for those who are looking to pick up the PS5 before Spider-Man 2 is released, this will be the perfect time to get your hands on one of these gaming beasts.

Read more Everything You Need to Know About the Latest PlayStation 5 Pro Rumors

While the deal is only available in Monoprice as of now, fans believe Walmart and Best Buy will also stock the discounted PlayStation 5 consoles soon.

PlayStation makers trying to retain the leading position in the market

The FTC-Xbox deal hasn’t panned out as Sony wanted it to. Despite their concerns over Microsoft gaining an undue advantage in the market if they receive exclusive rights to titles like Call of Duty and Apex Legends, US Judge Corley has rejected preliminary injunction pleas.

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In such circumstances, a price cut is being perceived by fans as a strategic move to help Sony get back its leading position in the console market. How are you viewing the discount? If you’re looking to pick up one of these bad boys, let us know in the comments.

Watch this story Everything We Learnt from PlayStation 5 Exclusive Spider-Man 2 Story Trailer