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No reason to drop xbox one price in the USA or possibly UK but mainland Europe is not looking good for Microsoft. I think a price reduction will come this year possibly quite soon there. However it doesn't have to be a price reduction it can be a game bundle or it could be 2 years of xbox live bundled in etc. There are lots of ways to add value rather than reduce price. However that said I think for Europe it probably has to be a price reduction.

My price for an Xbox one is £249 max so I don't expect to get one this year. Perhaps early 2015. I'd only be buying it to play exclusive Xbox one games and at this point there are no such games I want anyway. It's probably going to be about a year before there are actually about half a dozen xbox one exclusive games that I want to justify buying the console. on PS4 I only want Killzone currently.