No. They just have no traction outside of 2 markets, and if word on the street is that China is going to go with PS4 then there's not really much opportunity left for MS to establish dominance. Even if MS hadn't screwed up the xb one PS4 would still be ahead, just by not as much.
I should also add that I think MS is losing interest in the console business. There was a time when people thought / predicted that consoles would start encroaching on PC territory. Indeed that's one of the reasons MS got into consoles as a defensive rearguard action against an OS other than Windows starting to encroach on Windows dominance through the console back door. Now no one believes for a second that consoles are the stealthy way to make Windows loose relevance as an OS. With Android and Apple dominating tablet and mobile, and with tablets rapidly becoming the go to computing device for nearly everything, MS needs to focus on those markets. If they put too much energy into consoles then they will find themselves crushed by Apple and Google. Consoles can't sustain MS and they can't defend MS against the rise of phone and tablet.
Doesn;t mean MS will exit consoles, necessarily, but they will put less effort into consoles and be there only because not being there would be worse. I don;t see them trying to innovate their way to the top via consoles, so they will put out safe consoles that will sell well enough. All the creative and innovative energy needs to go where the main threats to MS live. And that's no longer consoles, never really was.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
