Europe will get a small bump from Titanfall releasing, but not much more. They've already had games bundled for free so it's not going to attract people looking for a lower cost. Uk is the exception, but the damage seems to have already been done over there. 30 pound price cut will help of course, but I only see it stopping sales from getting worse.
The US is a different situation. Titanfall should be biggest here and we have the most 360 fans. Again though I only see the bundle giving a short temporay boost instead of a long term one. It'll hopefully convince Titanfall buyers to get the game on XBONE, but I don't see it attracting new people to the game or system.
Twitch streaming and party chat mean squat. They're good for XBONE owners and good ammunition in the fanboy warz, but that's it. Sony is marketing game streaming right now with TV ads, so Microsoft would need to do the same. Otherwise most potential buyers will not know it's there. With Party Chat, no one knows it even has issues except for core gamers. The vast majority of potential buyers would assume it's been working perfectly since launch. Really both of these should only help stop negative PR surrounding Titanfall's launch.
So no I don't think it's a turn around. It'll just stop things from getting worse.
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