Both Microsoft and Sony have new consoles coming out this year. But prices will be steep.
Sony is set to sell the PlayStation 4 for a cheaper price than Microsoft’s rival Xbox One.
The Japanese firm announced at the E3 trade show that its machine would be sold for £349 in the UK, $399 in the US and 399 euros across Europe.
It added that it would not impose restrictions on second-hand games.
By contrast, the XBox One will be £429 and come with certain restrictions on second-hand game usage and a requirement to connect to the Internet at least once a day.