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My predictions are:

PS3 will outsell 360 by 3-5 million units.

PSP2 will b announced at E3.

PSWands will get great advertising campaign will be very successful and cause PS3 sales to top 1 million WW for 2 weeks.

SCE will Post a profit this year.

360 will get a price cut.

Wii Fit: Plusser will be released.