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I'm pretty sure I read an article stating that Xbox 360 hardware sales were making a profit on each console sold since 2006.

http://www.videogamesblogger.com/2006/11/16/ps3-loses-up-to-306-per-unit-xbox-360-profits-76-per-sale.htm

So in effect, the entire reason for posting this thread is now void. Case Closed.