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Elite1 said:
Just because the 360 (Had a year head start) and Wii (Don't mess with Blue Ocean Strategy) have higher install bases doesn't mean the PS3 is selling horribly. The PS3 is actually selling at a higher rate than the 360 (checked console charts on this site). Event though I do admit this holiday sales have gone down but I blame the bad economy, the 360 price drops, and Wii Fit/Wii Music. Perfectly logical reasons.

You're only explaining why the PS3 isn't selling well. Fact remains, for retailers, the Wii and 360 are the way to go, not the PS3.