In my opinion, it won't happen. People who says ltd xbone has sold more than 360 forgot how in 2007 a lot of people didn't buy console at launch, and also most of gaming sales were less front-loaded. 360 had a lot of big timed exclusives, like Bioshock, Mass Effect and better exclusives in the early days like Gears of Wars, Those were incredibly good games, and i think everyone will agree ms did a fantastic job securing them back then.
Now xbone is stuck with a mediocre only multiplayer game, a super laggy dead rising, and the always good Forza (altough we all know what ms has done with dlc in forza is really bad). I mean, these are good games, but we are on a totally different level than the games 360 had at the time.
Also, the reception with xbone is really bad here in europe. It resembles a lot windows vista launch, when a lot of people were in a hurry to buy the last xp computers.
It's really not a matter of prices when the other console sells 10x than yours, I don't think there's a simple way out from this, and the price cut/kinect removal is not going to do much when a lot of our retailers are already selling it at a cheaper price in bundles. Now it's a matter of percepted value, and i don't think you can just "fix that". Probably if ms was willing to spend billions in marketing, most people could change their mind, but i think ms primary issue is making the xbone profitable this time, so i don't think that's gonna happen.
Sorry if i made some mistakes, english is not my primary language :)
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