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numonex said:
The PS3 will overtake the X360 when it does not matter anymore - late 2010.
PS3 will have made a huge loss just to get second place in console war.
The loss on PS3 hardware stands currently at 2 billion dollars and is unlikely that it will be recovered.
Late 2010 the new XBox could arrive - with Halo 4 and Gears of War 3 as launch titles.

 

 in case u have forgotten MS lost this gen is around 3-4 billion dollars. and this number doesn't include how much $ they lost on the original xbox which they lost $175 for each console sold. earlier this gen around launch MS was losing about $150 for each console, sony was losing around $200 at the same time. and with the hardware modifications to ps3, sony is no longer losing money since july. But probability gaining just now $ now for the ps3 since blu ray players prices dropped from $300 to $200 and they taking advantage of it to make some $.

im pretty sure MS is losing $ off the acrade sales which are currently the model that sells the most. considering the fact nintendo only makes $6 dollars off each wii sold, and its a lot smaller, with cheaper graphic cards, and a outdated processor, MS has to be losing money off the acrade in a desperate attempt to hold 2nd.

but your right, if ps3 doesnt do some serious damage before 2010, it could be too late