With a ballpark 2:1 lead WW I doubt they'll pricecut until manufacturing costs let them do so and maintain current margins.
Based on last gen, maybe not even then - they'll just do "value add" SKUs rather than actual price drops (larger HDD, more titles bundled).
I was thinking that would be in their new fiscal year when they could possibly negotiate new terms with Foxcon. Any idea on how those contracts work?