Will Xbox One ever catch up?

This is the question every game industry analyst is asking. With the PS4's enormous success, it seems to have taken over Xbox's home ground, USA! Recent reports show that PS4 may be outselling XB1 even in USA. So now it is quite clear that if this continues, developers are going to give the Japanese console priority, what with XB1 being a pain to develop for due to it's eSRAM. Will Titanfall's promise of 1080p help Microsoft in covering up the huge gap it has in terms of hardware sales? Only time will tell. But my gut instinct tells me that solely Titanfall is not going to change anything. According to me, Xbox One needs a price cut if it hopes to ever catch up with the PS4. But I think it extreme to already predict the doom of the console, and frankly, the industry is overreacting. So all the Xbox fans(myself included for Kinect), do not lose hope since even the PS3 came out of such a hole after launching a whole year after the 360. Live long, and keep gaming!