There have been some translated comments from Sony CFO Hiroki Totoki on a recent earnings call that
are being interpreted as Sony waiting until Microsoft announces the Xbox Series X price in order for them to either match or undercut it.
Here's Totoki:
"What is not very clear or visible is because we are competing in the space, so it's very difficult to discuss anything about the price at this point of time, and depending upon the price level, we may have to determine the promotion that we are going to deploy and how much costs we are prepared to pay."
Yeah I am…less than confident that's precisely what he's saying, based on that, but it does make at least logical sense that Sony might wait for Microsoft to go first.