Starting this Friday, the PlayStation 4 is getting a major price cut in the U.S. and Canada. The console originally launched at $399.99 in the U.S. Starting October 9 it will cost $349.99. This is the first price drop for the PS4 so far.

“Since the launch of PS4, we have been thrilled with the amount of gamers jumping into the world of PlayStation for the first time,” wrote John Koller in PlayStation’s official announcement this morning. “We feel this new compelling price will open the doors to even more gamers that have yet to purchase a system.”

This is great news for anyone gearing up to buy a new system for the holidays. It’s not so awesome for gamers who literally bought a new PlayStation 4 two weeks ago. (That’s me, I did that.)

Sony’s PlayStation 4 has been ahead of Xbox One in sales since its launch in 2013. As of July 2015, the PlayStation 4 was outselling the Xbox One two-to-one. However, Microsoft’s introduction of backwards compatibility, as well as their own price drop in June and the introduction of the 1TB console, means that they are hardly struggling. 

If you’re thinking of buying a PlayStation this holiday season, here are some of the upcoming bundles, with updated prices:

 Bundle  Current Price  New Price
UNCHARTED: The Nathan Drake Collection PS4 Bundle (October 9) $399.99 USD / $449.99 CAD $349.99 USD / $429.99 CAD
Limited Edition Call of Duty: Black Ops III 1TB PS4 Bundle (November 6) $449.99 USD / $549.99 CAD $429.99 USD / $499.99 CAD
Limited Edition Disney Infinity 3.0: Star Wars PS4 Bundle (November 13) $449.99 USD / $549.99 CAD $399.99 USD / $469.99 CAD
Limited Edition Star Wars Battlefront PS4 Bundle (November 17) $449.99 USD / $549.99 CAD $399.99 USD / $469.99 CAD
Star Wars Battlefront PS4 Bundle (November 17) $399.99 USD / $449.99 CAD $349.99 USD / $429.99 CAD
NHL 16 PS4 Bundle
(Available now, Canada only*)
$449.99 CAD $429.99 CAD

*Because of course.

This article was written by

Courtney is Pixelkin's Associate Managing Editor. While working with the Girl Scouts of Northern California, she mentored young girls in teamwork, leadership, personal responsibility, and safety. Today, she spends her time studying adolescent development and using literary analysis techniques to examine video games.