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No concrete information on the next xbox, only rumors and still no exact launch date, launch line-up or price set for the PS4, impossible to tell at this point in time.
If some of the rumors about the next xbox are true, it could mean trouble for MS but I don't think they'll risk everything they built up in the 7th gen by filling their hardware with fees and restrictions at every turn and I think that the launch price will be quite low (350$-ish).

I honestly have no idea, the only thing I know is that it seems very unlikely right now that it will be the Wii U on top for the 8th gen. It could improve but even then there's a long climb towards anything approaching even decent sales. I don't think neither the 720 nor the PS4 will sell a bunch more though, it will be a close race like the 7th gen.

Its a real toss-up the 8th gen. At least for now. I think I'll wait until the xbox is announced and some details fall in place, there's no use trying to predict anything for anyone right now as it would be based on rumors, assumptions and wishes and not much else.