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Ajax said:
Without counting Japan the Xbox actually kicked the GameCube's ass with 25 versus 18 mill!! For an industry entry against a name like Nintendo, and with the PlayStation so strong, they actually didn't do bad at all. The 360 is doing better than the Xbox, and still without Japan. That's quite a handicap if you think about it. If the PS3 won't take off in Japan in the future, it might not out sell the 360 significantly during this generation.

Whenever people bring this up, they seem to forget how Microsoft lost $4 billion in the process. $4 billion can essentially buy 20mil GC's, so it isn't exactly impressive...

OT: The OP's reasoning is no good, but regardless, it should be known by now that the 360 will go beyond 1mil.