Just in time for the holiday shopping rush, a battle is expected between Microsoft, Sony and Nintendo after their new Wii-U was announced last week.
Sony and Microsoft are under pressure to make their current consoles, the Playstation 3 and the Xbox 360, competitive with Nintendo's new Wii U.
Nintendo announced its new console will hit stores in November with prices from $299 to $350.
To compete, video game experts predict Sony will lower the price of its system by about $50 this holiday shopping season.
It's also predicted Microsoft won't lower the price of the Xbox 360 but will offer specials on consoles that are bundles with other games.