You don't know what it "sounds" like
I'm going by the price of the hardware. AMD has a really cheap 6Tflop card coming out. It will cost about as much as the GPU did in the X1 in 2013, there is no Kinect this time, so $400 is not unreasonable.
Selling more consoles means nothing, they pretty much break even or sometimes lose money on the sale of a console.
Software and services is where the money is. They aren't even trying to compete in overall hardware sales. They are trying to make money, and get people into their ecosystem.
Sony has to sell software on their own console to be profitable, Microsoft does not. They sell software on a multitude of devices.
This isn't true. We got a thread on that.

the original price was 499$
with higher quality hardware being added, this thing will be at least 599$





