^No, its price in this case, 360 and PS3 have similar libraries, so price plays a big role in sales, PS3 was prior to a few months ago, $50+ more than the 360, as a result consumers were able to decide whether the features like Blu-ray were worth paying extra for PS3 or getting the 360 for less, now that there is a price partiy, there is little reason to purchase the 360 over the PS3, due to the similar libraries, but as we saw from the sale, there is a demand for the consoles at a lower price, this demand will likely be satisfied largely by whatever console enters that price range first.
When two products are able to act as substitutes of each other, issues like price become an important aspect of sales
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
