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RPG said:
MS got so lucky, the country that caused the recession is the one where they are strongest. Many are going for the cheaper option now, was the economy OK the price cut would not have been this effective.

 

When PS1 launched situation couldn't have been more favorable for Sony, it's as if the whole universe was rooting for it. A delayed, expensive and cartridge-based N64, a hard-to-program, expensive Saturn, etc, etc. Don't talk about luck, MS took some great decisions (early launch, good online, rooting for 3rd parties, low entry price) and it's just paying off.