mrstickball said:
Here's the *official* timeline with color coding since late 07:
- October: Sony drops the price $100, and introduces a leaner 40GB model. Sales jump, and the Playstation 3 edges the Xbox 360 by very slim margins for the first viable time since launch.
- January-February: Playstation 3 continues, to lead the 'box in Europe/Others by healthy margins. Playstation 3 is outselling the X360 by 40,000 units in March, per week.
- March: To counter monumental European sales of the Playstation 3, Microsoft cuts prices in Mid-March. X360 sees a 50% increase in sales, but doesn't beat the Playstation for any given week.
- April: Grand Theft Auto IV launches, closing the widening hardware gap - Playstation 3 maintains a slim week-by-week lead from late April to mid June
- June: Metal Gear Solid 4 launches. The X360 faces it's darkest days, losing 3:1 in hardware sales the week of MGS4
- E3 Happens. Microsoft announces XIII and Star Ocean 4 for the X360.
- July: Microsoft announces 60GB model, and slashes 20GB prices by $50 to clear out old stock. X360 beats Playstation 3 in the US for 4 weeks between the drop, and 80GB shortages.
- Gundam: Operation Troy launches in Japan, leading the X360 to begin it's ascent in Japan
- August: Tales of Vesperia launches in Japan. Xbox 360 outsells the Playstation 3 2.5:1 in Sony's home territory
- Late August - The Playstation 3 mounts it's last, best margins against the X360's sagging late-August sales, by beating the 'Box 2:1 thanks to the price drop announcement's rumors on the Internet.
- September: Microsoft officially announces Xbox 360's price to drop to $200 for Arcade model. Sales begin to climb for the X360 in the US, overtaking the Playstation 3 after what seemed like months of losses.
- Infinite Undiscovery launches in Japan alongside the same US price cuts. Beats the Playstation over 3:1, and begins a 6 week run above the PS3.
- October: Microsoft announces European price cuts - the 2nd in a year. The X360 begins regularly outselling the Playstation 3 in multiple territories, with the UK spearheading the lead. The X360 now enjoys a 50,000 units/wk lead worldwide for late September and all of October
- LittleBigPlanet releases on Playstation 3 in late October, leading the Playstation 3 back to a lead in Japan (alongside the 80GB model), and within 15,000 units globally
Thats the way I see it, at least.
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No disrespect Mrstickball but that green is hard on the mince pies. 
