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He says all the right things. It will be interesting to evaluate Xbox after he's had enough time to effect changes--perhaps after the 2016 holidays. Then we'll see how much is talk and how much is real.

As far as not worrying too much about trying to catch up, though, he's right about that. You don't catch up by trying to catch up, you catch up by focusing on improving everything that can be improved. Short-cuts don't help much in the long-term.

Interesting quote about losing money on consoles, however, considering Microsoft's annual $50-off holiday promotions. Might we see the end of that? Or is he just saying that we won't see any drastic permanent price-cuts to Xbox One just for the sake of pulling market share away from Sony?