Xbox finally takes top tier on leaderboard: Report

Console Wars: PS4 and Microsoft's Xbox fight to dominate sales

The console wars between Sony and Microsoft are heating up into the all-important holiday season, and the Xbox One's price cut seems to be paying off.

After almost a year of lagging behind the PlayStation 4, Xbox One managed to reverse course and take top tier in the video game space in monthly sales for November, Microsoft said Friday, citing numbers from NPD Group, according to a report from GeekWire.

The rise in sales came after Microsoft cut the Xbox One console price by $50 right before the holiday shopping rush.