This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

PlayStation 4 vs. Xbox One: Which is Right For You?

By Craig Donofrio

NEW YORK ( MainStreet)--Both Sony's (SNE - Get Report)PlayStation 4 and Microsoft's (MSFT - Get Report)Xbox One have been revealed and will be released later this year. They both play games, sure, but there's more to them than that. These machines are gaming console milestones with the potential to be either your living room's cutting-edge multimedia cornerstone, or a traditional gaming powerhouse. The PlayStation 4 and Xbox One offer unique skillsets and different price points, so before you preorder one, you should know which one is best for you.


The Xbox One is priced at $499, and the PlayStation 4 is set at $399. However, be prepared to shell out another $50 or more if you want access for either system's online perks and multiplayer services.

Subscription services

If you're planning on using the new Xbox for any of its apps or multiplayer gaming, you will have to pay a monthly fee. Microsoft requires you to pay for any real Internet access via their Xbox Live Gold service, even if you're only using it to access your Netflix queue (yes, the one you already pay a monthly fee for). A 12-month subscription typically goes for $60, although with some bargain hunting (sometimes just by checking Amazon) you can find it for around $50 or less.

Similarly, you'll need a PlayStation Plus account for most multiplayer games. However, you won't need a Plus account to access your apps. A one-year Plus subscription will run you $50.

If you currently have a PlayStation Plus or Xbox Live Gold account, you will be able to use it with your PlayStation 4 or Xbox One, respectively.

DRM Restrictions

Update: June 19, 7 p.m.

You know how when you 'buy' a Kindle book, you're more of a licensee than an owner? Console games are also entering the world of Digital Rights Management (DRM) restrictions, and there was fear that the Xbox One would follow suit.

As of this afternoon, however, Microsoft has completely reversed its gaming DRM restrictions for the Xbox One. Microsoft published the announcement, written by Microsoft's president of interactive media Don Mattrick, mon the Xbox website.

Microsoft will no longer require a 24-hour online check-in, allowing you to play offline games whenever you want, and without ever having to connect to the Internet again. Microsoft is also removing mandated DRM restrictions on game trading, so you can "play, share, lend, and resell your games exactly as you do today on Xbox 360," wrote Mattrick. Downloaded games will not be able to be traded or shared, which is the same as it is now.

Now that DRM is basically a non-issue, the two systems are closer than ever.

The PlayStation 4 doesn't have the check-in requirements for its games, and Sony has promised its first-party games to be DRM-free, so you can trade them around like current console games. But the new PlayStation isn't DRM-free bliss, either. Sony has said it's up to third-party publishers to impose DRM restrictions.

For the moment, it seems unlikely that DRM restrictions will be the game-changer in the console war, at least not at first. According to Matthew Sakey, a games industry consultant and gaming expert, DRM may indeed prove to be a problem for next-gen system buyers but only after they've bought it. "I doubt it will be a deciding factor in deciding which--or whether--to purchase," he said.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MSFT $49.90 -2.04%
SNE $24.26 -5.30%
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs