XBOX One or PlayStation 4: Does it pay to wait?

Estimated reading time: 7 minutes

With Christmas just around the corner, many youth and even some adults may have the new PlayStation 4 or Xbox One on their Christmas wishlist.

Technology constantly changes, and companies try to outdo each other with the most incredible and innovative products.

XBOX One or PlayStation 4 Does it pay to wait
XBOX One or PlayStation 4: Does it pay to wait

Instant Gratification Or Wait And Save Money

Though I enjoy a video game here and there, I will not be one to jump on the bandwagon of purchasing either a PS4 or Xbox at its release or even months afterward.

I would one day like to own a PlayStation console, but I am content waiting right now as a $399.99 purchase is not something I am willing to take on a brand-new product that will still need a few glitches worked out.

Pick A Console- Xbox One or PlayStation 4

Which console is best for you?

I am not a massive gamer, though I am the Guitar Hero in this house, and it is the only video game I can successfully play.

In the past, I’ve played on all the gaming consoles: Xbox 360, PlayStation 3, and the Wii, with my preference being the PlayStation 3.

I often joke that I lost my PlayStation 3 in my divorce and was left with a Nintendo Wii.

Having two young children, the Nintendo Wii has been great; though they don’t play too often, they get a kick out of playing a game of baseball or knocking down a few pins in a game of bowling.

The Wii/Wii U is the most family-friendly gaming console.

Owning a PlayStation at this point would only benefit me, and I do not play enough to justify spending the money.

Most games now have the opportunity for an online gaming experience, allowing you to play against your friends or random strangers worldwide.

If this online experience is something that you wish to engage in with your friends, then having the same console as your friends will be necessary.

If you have a regular group of friends who like to play together, making this decision as a group will benefit you by being able to take part in that experience.

What Would You Like The Console To Do?

The Xbox One system is being marketed as the “All-in-one Entertainment Experience,” meaning, unlike the Xbox 360, it can now be used as a Blu-ray player, a feature that Sony included on the previous PS3.

Xbox offers the Xbox Live Gold membership, which is your access to the online world of Xbox gaming.

It allows you to use Skype to chat with friends with a compatible system. It will enable you to sign into your own Xbox Live Gold account from any system, allowing you to access your content and download games from your friends or family members’ Xbox system.

Xbox Kinect is a motion-detecting device that allows hands-free control of your Xbox through infrared technology. A camera was previously offered as an add-on accessory to be plugged into the Xbox unit.

This is not the case with the new Xbox One, as it is built into the system, whereas the PS4 camera needs to be purchased separately at $59.99.

The Xbox One will also take voice commands, so to turn it on, all you need to say is ‘Xbox on’ and then ‘Xbox off’ to power off.

Voice commands sound great, though individuals who have had the opportunity to test the Xbox One before its release say that this feature needs some improvement and does not always work.

The new PS4 can only be hooked to a television through an HDMI cable, meaning an older tube TV will not be compatible.

Though most people have upgraded their televisions, if you have not, the PS4 cannot be connected using the AV cords as the Xbox One can limit the actual visual experience.

Where Games Can Be Played

Games can be played on the Xbox One and PS4 without the online experience.

However, an internet connection is required to initially set up both consoles as they both require a Day 1 update that needs to be downloaded.

The option is to contact the companies to have a disc sent to you by mail with this update, requiring you to wait to use the system.

Cost Of Connecting To Online Networks

If you are a severe gamer, the online experience is likely essential.

The online experience allows you to download games at a fraction of the cost without leaving your house. It will enable you to access your game stats and whatever pictures, videos, or other data you have saved to your account from any compatible gaming console.

The Xbox costs $59.99/year for an Xbox Live Gold membership and $49.99/year for PlayStation Plus.

Previously, PlayStation Plus mainly offered lower prices on downloaded games and some free downloads, though many people did not feel it was worth paying $49.99 a year and had the choice not to opt for it.

With the release of the PS4 and new features offered, PlayStation Plus is likely something you will need.

Pre-order Xbox One and PlayStation 4

PlayStation 4

With the recent release of the PlayStation 4 and the upcoming release of the Xbox One gaming systems, an option to pre-order and reserve your console before its release date was available with a minimal down payment.

Sony announced the release of the Playstation 4 in February of 2013, and approximately 1 million pre-orders were placed.

A pre-order is a great way to ensure you can get your hands on one, whether it’s the latest iPad model or gaming console, though it may not always be the most excellent idea.

I’m not sure about you, but I am not comfortable spending money on something before anybody has physically had their hands on and been able to use the product, even if it is only $10.00 to reserve a copy of an upcoming video game or handing over $400 for a not-yet-released Playstation 4.

Video Games For Xbox One And PlayStation 4


One downside to purchasing these consoles on release day is that the games available to be played on them are limited.

A few recent game releases, such as Call of Duty Ghosts, Battlefield 4,  Assassins Creed IV, and Just Dance 2014, were released in the PS4 format, and only a small list of other titles currently to add to that.

Multiple online games are available but are typically not the best.

Suppose you previously owned a PlayStation or Xbox console. In that case, unfortunately, the PS4 and Xbox One are not compatible with these games, meaning that your current library of video games is entirely useless.

Xbox One and PS4 games are no more expensive than the previous Xbox 360 and PS3 games, but are you willing to pay the price to rebuild your video game collection?

Add-Ons For Video Game Consoles

When deciding which gaming console to buy, know what accessories come in the box, such as power cords, HDMI cables, and the number of controllers included.

Know what accessories you may need to purchase separately to obtain your desired experience, and keep in mind these extra accessories can be pricy depending on what they are

Though I am a PlayStation fan, $399.99 is a good chunk of change and not something I am willing to spend to have a PlayStation 4 upon its initial release on the market.

The Xbox One is being released at the price of $499.99. PlayStation 4 was released November 15 and sold out in most places on Day 1, and we can expect likely the same with the release of Xbox One this Friday.

With Christmas just around the corner, many gamers and parents are staying on top of the Christmas wish list and budget in hopes of seeing smiles on Christmas morning and saving a few dollars if they can.

Discussion: Are you the type of person who has to have the newest tablet or gaming system console as soon as they are released?

Please leave your comments below.



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  1. Does it pay to wait? You bet it does. I’m thinking of picking up a playstation 3 soon. Between the used consoles, used games, and used peripherals. The savings are enormous. It pays a little to wait. It pays a lot to be a generation behind.

  2. I don’t plan to buy either one…. I think the older boy had a game console of some sort back when but these days we go for the computer games, especially the free downloads. That’s a price up my alley!!! I have my spider solitaire, Mahjong and Bejeweled Blitz on the ipad….I’m happy….
    We have a nephew that works for a computer gaming company in Montreal designing games but I can’t remember who Danny works for right now….. Just checked…. Ubisoft….
    Great article Katrina!!!!

    1. Thanks Christine, I have a few good games on my phone too that keep me happy for now. Ubisoft is one of the companies I do work for….

    1. I have never played with the Kinetic but it looks like fun, that’s pretty cool that you get to play a one of a kind game!

  3. While I usually jump on board with new technology, I don’t with consoles. The early adopters tend to find out all of the problems and then have to deal with “rings of death” or busted systems. I don’t want to deal with that. I bought the Xbox 360 two years after it came out. Got a great deal. I will probably wait a year or two with one of these. Not sure which system I want either. When you wait, you can see better reviews of each system and can make a better decision.

    1. They are just too expensive at first, I spoke with a playstation rep yesterday and on top of the 1 million preorders they sold over 1 million on Day 1. That is a lot of consoles that may not work perfectly yet…….

  4. The PS4 has more of the exclusive games that I want to play, but I’m not an early adapter. I will wait for the slim redesign versions of both consoles to come out before making a purchasing decision. The software library will be a lot bigger by then and we’ll maybe even see a price drop 🙂

  5. Hubby enjoys games BUT these are simply not in our snack bracket for unnecessary expenses. I work hard to keep the computers, laptops, iPads, iPhones all in well functioning shape/age and I simply don’t have it in the budget to get into the gaming world too.

    1. It is an expensive ‘world’ for sure. Free apps on the ipad are certainly cheaper than paying $60.00 for the newest video game.

  6. I can tell you my husband’s excited about the Xbox One system. That being said we’re all about waiting, a few months even can usually get you a better deal and his birthday’s about 5 months after it comes out so hopefully that’s enough time for the price to drop a little. We’ll see!

    1. I did read that the XBox one has been designed so that any future upgrades/changes to it can be made with this console and not needing to buy another one, it seems like a pretty versitale machine. Hope you can get it a little cheaper in time for his birthday!

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