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alrightiwill said:
Xbox One prioritised a different set up than PS4. It costs more because of it's Kinect and HDMI in functionality. To keep the price lower, they sacrificed a bit in APU specs. Simple as that. I'm sure XBO will pick up in sales when it's TV features become more prevalent although it'll probably become more like a set top box for it's life like how PS3 was a bluray player for the beginning of its life.


The bolded statement is a common misconception. XB1 hardware even without the Kinect, although underpowered, still costs slightly more than PS4. So they didn't make the machine underpowered to keep the costs low; they just suck at hardware architecture and design.

 

Note : You'll see on various sources that XB1 without Kinect still costs around $10 more than PS4 to manufacture. One source:

http://allthingsd.com/20131126/microsofts-xbox-one-cost-90-more-to-build-than-sonys-ps4-teardown-shows/



Playstation 5 vs XBox Series Market Share Estimates

Regional Analysis  (only MS and Sony Consoles)
Europe     => XB1 : 23-24 % vs PS4 : 76-77%
N. America => XB1 :  49-52% vs PS4 : 48-51%
Global     => XB1 :  32-34% vs PS4 : 66-68%

Sales Estimations for 8th Generation Consoles

Next Gen Consoles Impressions and Estimates