Generally speaking, the PS4 edges out the Xbox One, albeit very slightly, in the graphics and smooth gameplay department. But following Sony's price cut of its famed gaming console just this month, both the PS4 and Xbox One now cost $350. Naturally, Microsoft has lost the price advantage going into the holiday season, but Xbox product manager Aaron Greenberg is not too concerned about it.

In a recent interview with GameSpot, Greenberg explained that it's the games themselves that will boost sales and Microsoft has the best line-up of exclusive titles that can stave off the PS4's expected holiday surge. There's "Halo 5: Guardians," "Rise of the Tomb Raider," "Forza Motorsport 6" and "Gears of War: Ultimate Edition."

"We think we'll continue to be competitive this holiday in our top markets with the offerings that we have," said Greenberg. "We know that games [are] what drive console sales, and we have games and we have the greatest games lineup in the history of our business. So we feel good about putting that out there and letting fans respond based on the type of games we're bringing to the market."

When asked to comment on Sony's PS4 price cut for the holiday season, the Xbox exec said Microsoft wants to give gaming fans the best value for their buck.

"For us, since frankly since we've been in this business, we've really focused on over-delivering on value. And so I think you saw that with the Xbox 360 generation where we focused on delivering great value for our fans; we continue to do that. We've been pretty aggressive both in pricing and what we're doing with our games lineup and with great choice of bundles."

One major battleground for Sony and Microsoft this holiday season is the "Call of Duty: Black Ops 3" market. Despite the PS4 getting all the game's DLCs first, Greenberg assured that "Black Ops 3" is best played on Xbox One.

"We expect 'Black Ops 3' to be a really big title for us this year just like it has been in previous years. The fact is that there is no content in Call of Duty that we don't get. The fact is if you want to play 'Call of Duty' and 'Halo,' you're gonna want to do that on Xbox One."

The Xbox One undoubtedly has better games for the fourth quarter of 2015, but the PS4 has already sold 30 million units worldwide while the Xbox One remains to be a North American console.

Sony is already planning to offer PS4-exclusive titles at a wider scale while Xbox boss Phil Spencer openly admitted that he doubts the Xbox One's capability to catch up with the PS4 in global earnings, as per GameRant.