As some have pointed out, XB1 is outperforming the XB360 on aligned launch. The issue is that many new gamers are choosing PS4, resulting in significantly more sales for the PlayStation brand.
In the coming months, I forsee XB1 sales dwindling. After a few years of continuously dropping because those with PCs will be able to play almost all XB1 exclusives, gamers will start to question the XB1's purpose. Combined with a PS4 and a 3DS, their coverage on the gaming front wouldn't require an XB1, and the only people who will continue buying it are fans and the uninformed. Our people who buy it for non-game reasons.
And despite what Microsoft says, this will all spiral into no new Xbox, at least not in the way we know it. I could see Microsoft making a line of PCs called "Xbox", similar to Surface, or even an application/storefront to host specifically games. But a new Xbox console? It's looking less and less likely.
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