I seem to be in the minority, but I think they were indeed too cocky. They had Microsoft right where they wanted them, and this was a great opportunity to deliver a big blow. Instead they're giving the Xbone an edge.
Would a drop mean making less money per unit? Yes. But install base is more important than basically anything. And more Xbones landing in peoples' houses means more exposure and more curious friends and ultimately even more sales. You've got to keep your competition down, even if it means losing some money. They're in it for the long haul, and this is a sensitive part of the generation.
Most people don't look at specs and policies and stuff; they look at price. The Xbone entering the market at a higher price strangled it. Lowering the price boosted it. Lowering it further is going to do even more. Sony not matching them is ridiculous to me.
Currently playing:
Bloodbath Paddy Wagon Ultra 9
