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Microsoft hasn't been rewarded by putting the 360 out early......in the least.

They are about to be going on their 2nd year of negative profits in their gaming division, actually, more than that if you count the negative quarters before the 360's release, but i'm being charitable here. Two years of negative profits is pretty bad....and the 360 will probably last only 5 or 6 years anyway as a competitive product. The first 2 years of negative profits can't even come close to justifying three good years after that.