2 things:
Yes, the PS4 is completely shutting down the XBone. 2.5x a week what the XBone sells, and that's without Japan (a market the XBone is destined to fail in anyway, whenever it launches there).
Secondly, fans, journalists, etc need to stop latching on to "it's 'holding its own'". It sold 3M in 2013 alone". So? It hasn't done squat since. I remember how the PS3 was doing "bad" if it ever sold less than 100k in a week (back in like 2009. And the number was always around like 93k, but it was less than 100K, so it was "bad"). XBone is doing less than half that right now. Meanwhile, PS4 sold 4M in 2013 alone and has gone on, as gone on to sell another 1.7M (including last week's Japanese launch).
"Desperation" isn't the right word (that's reserved for when, say, the GC and XBox had official, across the board price drops just 6 months after launch), but something "not good" is going on with Microsoft
