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No.
Microsoft's failure didn't just out of the blue start with the Xbox One fiasco. There isn't anything Microsoft has done with the Xbox One that hasn't been going for years with the Xbox 360:
* The mind boggling belief that gamers want the Kinect garbage and that it will turn the Xbox into a Wii type worldwide success.
* Shipping gimped hardware compared to the competition like the Xbox 360 and its PS2/Xbox era DVD drive and weak graphics hardware compared to the more powerful PS3.
* Shutting down first party developers, pissing off first party developers, letting former exclusive third party developers go off and target other consoles
* Nickel and diming Xbox owners for everything they can get away with
* A focus on bribing third party developers for pointless 'timed exclusives' or 'zombie DLC' or other such crap instead of building up a first party studio line up that can compete with Sony and Nintendo.
* Incompetence in hardware design with the huge and ugly Xbox One case, the lame huge external power bricks for the 360 and the One, the RRoD fiasco, the disc scratching and destroying DVD drives in the 360
* The constant cries of wait for the next E3 that have been going on now for years
The Xbox 360 ended up in last place even though:
* It was 200 dollars cheaper than the PS3
* Was rushed out the door a year before this gen started and a year and a half in Europe to try to pad out the 360's installed base numbers
* Tens of millions of duplicate Xbox 360s sold due to the RRoD fiasco
* A half billion dollar 'relaunch' marketing campaign a couple years ago
All that and the 360 still ended up in last place this gen.
About the only thing fundamentally different about the Xbox One than the Xbox 360 is Microsoft won't have the luxury of the RRoD fiasco padding out their installed base numbers that helped mask their last place position for a few extra years this gen.
Like the above guy said, the problems with the XBox One have been brewing since the early years of the 360 (even before that, since it is well-known that the original Xbox was designed as a way to get PC gaming into your living room.
All of these problems have come to a head with Xbox One. The biggest concern is that not a single member/designer/visionary of the original Xbox or Xbox 360 leadership team is around. Everyone is gone. Peter Moore, J Allard, etc. The Xbox brand is being run by suits, and what do those suits want? Why, to compete with Apple and Google, of course! That is why the Xbox brand is being co-opted for this all-in-one nonsense. Microsoft does not see the value of pursuing the "hardcore gamer" when they have bigger enemies (Apple, Google, etc) on the horizon.
Mark my words: Xbox One has no more than 2 years of hardcore gaming support from Microsoft. 2 years. That's it. After that, you'd better be happy with 3rd party multiplats. They'll use the "hardcore gamer" early adopters to trojan the One into a few more homes and then it'll be all about TV (or they'll simply drop the system. The Xbox division loses Microsoft money and when the division does makes money, it's a drop in the bucket compared to Microsoft's other products).
This thing's gonna sell like crazy I can just FEEL IT IN MY XBONES, man!!