They really blew it this holiday season. It's wide open now for the One to take it back in North America with the fantastic looking Sunset Overdrive, Forza Horizon 2, and of course the Master Chief Collection.
Drive Club honestly looks boring as hell compared to Forza, and while I can't wait for TLoU HD since I never had a PS3, it's also a game that came out just last year, it also doesn't come out during the holidays, and it also SERIOUSLY pales in comparison to the Master Chief Collection both in terms of quantity (4 full sized games to 1) and in terms of upgrade quality (all bumped to 1080p at 60fps, but MCC is doing that for 4 games rather than just 1, and is also bumping 3 of those from under 720p). They don't even have an answer at all to Sunset Overdrive.
The PS4's only hope is Destiny working out more for PS4 than One. Either way, the Wii U is dead as it deserves to be, so there's that to look forward to at least.
Moderated,
-Mr Khan