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Nope!

X1 will regain some ground in the North America and certainly improve worldwide but it will still be trailing PS4. Post holiday I'm expect a 2:1 ration globally, not to say X1 will be doing bad, PS4 will just be doing a lot better, with Europe going ape for it and Japan starting to contribute more then 7k per week X1 could never truly compete globally. I expect this to be the trend througout this whole gen, which means MS will probably drop a new system the minute they see opportunity for a new console and get in there early ( late 2017 earliest-backwards compatible).

I see at least 120m PS4 LT versus 50m-70m X1 liftetime sales depending on whether Microsoft makes it obsolete asap or allows it a 8 year life cycle without being replaced.