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Microsoft didn't bother launching the X1 with dreams of selling about half the lifetime sales of the 360. And that's exactly where it's headed at best. The core diehard fanbase jumped in 2013 launch, but the market at large is skipping the X1. Networking effect will snowball this as casuals want the same console friends and family has. And even the most casual research tells people that ps4 is both more powerful and more popular.

Enjoy the x1, it has good games and will get more as well. But have no illusions, it's a significant failure for a variety of reasons, and almost any xbox fan could have drawn up a recipe for success. I'll give one here :

Intel i7 CPU
8gb ddr3 system memory
6gb gddr5 video memory
Nvidia Kepler 3tf video adapter
MATX vertical case
Bluray and hdmi 2.0
1tb hdd
128gb os ssd

Optional kinect
No online check in

$349

Yes, 349. If they can spend 2.5b on minecraft, if they want to dominate the living room, this could have done it.