No, it needs to either drop the price much lower, because now people are buzzing on the PS4 (better multi-platform titles do that)... and once the price is lower, well they will be the console people get as a compromise, as opposed to the console they get because this is the one they want (obvisouly many people will also want it because Halo, Gears, etc. but so will many people want Uncharted, god of war, wipeout, whatever else Sony has in store).
At this point I think the momentum is pretty much set for the foreseeable future, this is safe to say that unless Sony stops making PS4 games and prevent 3rd pardty + indies from publishing on their console they will have the upper hand for the whole generation (which may be short, the hardware is probably easy to upgrade in both machines...).
