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Kantor said:

I hate to admit it, but you're right.

However, even if the PS3 is Sony's GameCube, all is not lost. The GameCube did infinitely worse than the PS3, and look what Nintendo managed to do in the seventh gen.

SCE just needs another CEO like Ken Kutaragi. There's definitely potential for it to bounce back.

They'll never sacrifice technology, but then the PS2 sacrificed no technology and look how successful it was.

Maybe next time they'll keep the console modern and contemporary without putting in technology 5 years ahead of its time and adding 200 bucks to the price.

Having said that, where would the PS3 be without blu-ray?

EDIT: This is not to say I don't think the PS3 will overtake the X360. Simple statistics show that it will.

Hate to sound like a broken record (I bring it up every time), but we don't know this yet. In terms of $$, the PS3's losses are infinitely more than the Gamecube's, and that may never change. We can't just compare sales, there's money and other things involved as well.