I disagree on the first 3. MS has lots of money but they spend it and look at their earnings on a product by product basis like any other company. They look at how much they've put into Xbox vs how much they've gotten out. Would they really be willing to cut price or have an expensive buy in program losing further money (at least initially)? I think Sony is just as likely to do either of those things and they will react to a price cut by MS if it happens. Though it may be delayed as I think PS4 will still win sales even with one. If MS cuts in May then I think Sony would cut in September at the latest which means in time for most of the sales of the year. MS can obviously redesign earlier but that's only because their console has so much wasted space right now and I'm not sure if it would open it up for a pricecut anymore than right now.
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