I'm at a loss for words.....
"We do not expect price cuts for the Xbox One or PlayStation 4," he said. "We do not expect Microsoft to permanently cut the price of the Xbox One without Kinect from $399, instead focusing on compelling bundles with first- and third-party content, with some of the applicable games included as free pack-ins."
"Although the price of the Xbox One has been discounted by $50 for much of 2015, we believe that the price will revert back to $399 by the time that the holidays arrive, particularly if sales pick up," he continued.
Then a few hours later.
http://www.gamespot.com/articles/xbox-one-and-ps4-price-cuts-at-e3-unlikely-says-an/1100-6427924/
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