Yet they did fine last month. It's not a rebate that is lasting forever, just a limited time thing to push Titanfall.
I agree they shouldn't have launched at 500,but who cares at this point. They haven't had an unsuccessful launch, they are just not putting out the same numbers as the PS4 for now.
The reason they are doing alright is because the Xbox has games despite how good you think they are.
If you are a console FPS guy the Xbox seems tailored for you. Titanfall, Gears, Halo 2 remake, New Halo, COD expansions early, Plants vs Zombies etc
It's the reason why I feel my PS3 is the best console right now. It has a shitload of quality games most of them free with PSN.