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Lets not forget as consumers we want both consoles to exist so the compete against each other and prices remain low. Here in the UK the xb1 doesn't look too bad in sales but in mainland Europe it does seem like a lost cause but not in the same way as Japan. From my perspective I'm more interested in a ps4 first but intend to buy an xb1 at some point. For me the xb1 should not be at the same price level as ps4 not just because of the weaker hardware but because in my case I have two ps3s, a psp and vita and psn makes more financial sense. I perceive the xb1 as a console with more functionality behind a paywall and games more focused on multiplayer. I enjoy the single player scripted experience more than multiplayer and like to work through a game and complete it. Also the xb1 is not visually very appealing. I'm not super keen on the ps4 shape either but prefer it over xb1. Neither console is particularly sexy looks wise. Lastly neither console has really delivered in a generational leap so I'm not keen to pay top dollar for either.

End result I've bought neither so far but I'm about 10x more likely to buy a ps4.