EA CFO: Microsoft is catching up to Sony

Electronic Arts CFO Blake Jorgensen believes Microsoft is "catching up" to Sony in the current-gen console battle. Jorgensen said during a talk at the UBS Global Technology Conference in Sausalito, California yesterday that "Sony has jumped out to a lead with a great console and I think a great pricing strategy" with the PS4.

Shipments for Sony's latest home console reached 13.5 million consoles as of late October, whereas Microsoft reported that shipments of Xbox One consoles hit 10 million globally last week. Jorgensen saw the Xbox One's $50 price cut for the holidays as a tactic by Microsoft that "will continue to pull the consumer into the new consoles." The EA executive estimated that combined sales for the two systems will top 25 million consoles following the holidays.

[Image: Microsoft]